XAUUSD (Gold) seek and Destroy Friday

Updated
Today on Friday key news : Non-Farm Employment Change and Unemployment Rate
XAUUSD made seek and destroy ICT pattern.
This pattern is known for stop loss hunting pattern as per ICT

As per Elliott wave in smaller timeframe..
it has made 1-2-3-4-5 impulse wave
from 2471 to 2529

and now doing zig zag A-B-C corrective moves.

Disclaimer : study in only for educational purpose
Note
2495 low made.. power of elliott wave..
Note
2489 low made... near the target
part profit booking advisable..
Trade closed: target reached
2485 expected low made..
Chart PatternscorrectivewaveelliottwaveanalyisgoldpriceTrend AnalysisWave AnalysisXAUUSD

Also on:

Related publications

Disclaimer