XAUUSD afternoon update
Bullish count for XAUUSD.
I have two impulse waves from September 2022 low. I think the one in green is fairly straightforward, whereas the one in blue could be complete or altered, depending on future price action.
It does not look like corrective price action is complete (I see a double-combo in progress), and a move back down below $2280 would seem the most likely, for a buy opportunity.
Key support looks to be at $2081.82 and $1810.20.
I have two impulse waves from September 2022 low. I think the one in green is fairly straightforward, whereas the one in blue could be complete or altered, depending on future price action.
It does not look like corrective price action is complete (I see a double-combo in progress), and a move back down below $2280 would seem the most likely, for a buy opportunity.
Key support looks to be at $2081.82 and $1810.20.
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.
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.