XAUUSD - A barrier triangle wave ((iv)) likely done at 3012. The post-triangle thrust will see price above the previous high.Trade active
XAUUSD - Looking for at least 3076 which is the 61.8% Fibo relationship between ((v)) and ((i)).Note
XAUUSD - With 3076 being tested, the trade is nearing its end. Current pullbacks must avoid overlap with 3058 to keep the wave ((v)) going for another run close to 3100. Should the overlap occur then expect larger drops over the coming days.
Trade closed: target reached
XAUUSD - A beautiful thrust that has reached the ideal target at 3116. Done for now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.