XAUUSD has impulsively made a downward momentum since its last bull run.
With this hourly timeframe shown on the chart, a bullish divergence has been forming and a less risk for going long can now be executed in anticipation of this bounce and/or correction of the last drop.
#elliotwaveforecast
marketpainterPH
With this hourly timeframe shown on the chart, a bullish divergence has been forming and a less risk for going long can now be executed in anticipation of this bounce and/or correction of the last drop.
#elliotwaveforecast
marketpainterPH
Trade closed: target reached
This trade is now closed.
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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.