Gold dip buyers ready to push price over 1400 towards 1500.
Falling dollar on larger timeframes supports this movement.
If this plays out we'd see a completed B wave and then the consequent C wave would push the price down to triple figures.
Timeframe for this movement is ~6 months, with plenty of waves to play within.
Falling dollar on larger timeframes supports this movement.
If this plays out we'd see a completed B wave and then the consequent C wave would push the price down to triple figures.
Timeframe for this movement is ~6 months, with plenty of waves to play within.
Comment:
Increasing position. USD seems to be heading down which would fuel a movement up in XAUUSD
Increasing position. USD seems to be heading down which would fuel a movement up in XAUUSD
Comment:
on track
on track
Still on track; bouncing off the 0.618 fib from the prise rise over the last week