xauusd wave C ... is buying opportunity ??
Updated
XAUUSD in ABC corrective wave where
wave B retaced 100% of wave A.. and took lot of time to complete.
now expecting wave C to take lesser time to complete.
Wave C down in progress where minimum target of 2502 low made..
important support zone to watch is 2504-2500.
if broken than more down side possible 2490-85
Will be looking for buying opportunity if bullish candlestick pattern formed.
Disclaimer : study is educational
wave B retaced 100% of wave A.. and took lot of time to complete.
now expecting wave C to take lesser time to complete.
Wave C down in progress where minimum target of 2502 low made..
important support zone to watch is 2504-2500.
if broken than more down side possible 2490-85
Will be looking for buying opportunity if bullish candlestick pattern formed.
Disclaimer : study is educational
Note
till now high made near 2520..
Two powerful levels 2520 and 2504 given much before
and its moving between this two levels till now..
Note
made high 2535Trade closed: target reached
2568 high
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