9 - XAUUSD - Metals | Reversal & Impulse | July 2019
XAUUSD labeled within Bullish Impulse in Intermediate (3) (green).
Patterns:
- Minor 3 (green) - Bullish Extension
- Minor 4 (green) - Contracting Triangle
Gold should be able to resume the bullish impulse after completing the correction in Minor 4 (green).
Minor 5 (green) should present a sudden and sustained rally.
Patterns:
- Minor 3 (green) - Bullish Extension
- Minor 4 (green) - Contracting Triangle
Gold should be able to resume the bullish impulse after completing the correction in Minor 4 (green).
Minor 5 (green) should present a sudden and sustained rally.
Note
XAUUSD could jump from here and gain support on the upper trend-line, or go for one more swing lower before the big bullish impulse.Note
Solid GOLD!Trade active
XAUUSD (Gold) broke out.Bullish Impulse in the making.
Note
Trade closed: target reached
ALL TARGETS REACHED!Trade closed: target reached
I'm done with the bulls, now I'm turning bearish.
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Related publications
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.