Gold probably breaking ATH gain at 2540 +/-. 28/August/24XAUUSD back to previous skewed triangle idea with price targeting ATH at 2450 before heavy selloff toward 2400 +/-.
Skewedtriangle
Gold back to skewed triangle idea & Breaking ATH again. 26/8/24XAUUSD probably forming an expanding flat ABC (Red) pattern in wave (C)(green) of triangle, Where it will probably "trap" both side of seller/byer.
Gold. short toward 2310 +/-. 15/August/24XAUUSD trending down after the release of "better" CPI.. But "nobody" "care" WXX the inflation is now..That is "battle" within THE FED and WallStreet. While The FED "enjoying" the High rate, most its Citizens ...For rate cut..ONLY when WallStreet 'crashing" the market then.. The FED..
Gold's Skewed Triangle ideas. 22/July/24XAUUSD. It Took Gold 175 days to build BASE on wave II (Blue). So it probably will take 108 Days ( 175 x fibo 0.618 = 108.15). to form wave IV( Blue) for BASE before rally.
