rajeh13

03092018 XAUUSD

Short
rajeh13 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
If this Elliott Wave count is correct, I'm expecting GOLD to move lower as shown in chart in the coming 3 weeks.

This count is valid only if the Wave 4 (white) has completed. If Wave 4 corrections is in progress, the target will be slightly different.

-------------------------------------
Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.

Supplied information is not advice.
--------------------------------------
Trade active:
Heading down to Wave iii Yellow on main chart

Trade active:
Moving lower in direction

Trade active:
Count is still valid as long price don't break the start of Wave 1. This has been a difficult count :(

Trade active:
Price moving lower. Target remains.

Trade active:
Count is still valid and GOLD is downward direction

Trade active:
Gold is still heading down

Trade active:
Change in wave count. Wave 4 might not have finished yet.

Trade active:
is GOLD still heading down ?


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.