XAUUSD TO 1796
On Friday we saw Gold price shoot higher on the back of NFP data creating a weekly high. We have an unmitigated zone between 1806-1794 which still has to be filled before a further move up towards 1872. I am expecting a correction now, since the new impulse, Wave 1 of the Elliot Wave Theory is about to complete around 1823-1827.
This is a HIGH RISK TRADE as market was extremely bullish towards the end of last week. I will be catching this move on behalf of myself and my Account Management investors.
This is a HIGH RISK TRADE as market was extremely bullish towards the end of last week. I will be catching this move on behalf of myself and my Account Management investors.
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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.