Gold is showing bullish buy trend in Weekly Timeframe
XAUUSD Gold is showing bullish trend in weekly time frame, making HH and HL and showing probability of making fifth wave as per Elliot theory around 3068 if we apply Fib numbers once it breaks level of 2788. On weekly timeframe buying may be done after breakout above 2788 with SL 2556, TP 1 3020 as per harmonics.
No divergence is found on weekly timeframe.
It may take 6 months for waves to form.
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