XAUUSD Gold Next Move
Technical Analysis Chart Update
XAU / USD ( Gold / U.S Dollar )
Time Frame - H1
According to Elliot Waves in Short Time Frame #STF , it has completed the " 4th " corrective wave at Fibonacci Level - 61.80%
It is currently standing at the Demand Zone and Rejecting from the Strong Support Level 1660 - 1665
Buying Divergence in Long Time Frame #LTF
It is Following Corrective Rectangular Pattern if it Breaks the Upper Trend Line then Buy
Another Reason for Buy is DXY will Fall
XAU / USD ( Gold / U.S Dollar )
Time Frame - H1
According to Elliot Waves in Short Time Frame #STF , it has completed the " 4th " corrective wave at Fibonacci Level - 61.80%
It is currently standing at the Demand Zone and Rejecting from the Strong Support Level 1660 - 1665
Buying Divergence in Long Time Frame #LTF
It is Following Corrective Rectangular Pattern if it Breaks the Upper Trend Line then Buy
Another Reason for Buy is DXY will Fall
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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.
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.