prowhale

GOLD SPOT / USD EW Analysis - DTF

Long
prowhale Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Fellow Traders,

This time i came up with Gold Spot / USD EW analysis idea.

it has been identified what WAVE is completed on 18th August and picking for WAVE 1.
Above 1924 is good for buy (once retested even on lower time frames)till 1987.
Comment:
WAVE 4 is just completed.. Can expect wave 5 extended till 1974 $
Comment:
Price has touched 1953 and took correction before it jumps high; As we can see price took support at 1909 (0.236) and raised above 1924 (0.382), next few days price will retest 1924 before it start upward journey. It is very good time to buy at 1924. This is purely my analysis. no need to follow blindly.
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