XAUUSD rising wedge pattern
XAUUSD in rising wedge pattern with A-B-C corrective pattern
of which wave B resisted near golden ratio 0.618
and showing weakness.. breaking down from the wedge will bring
more weakness towards 2500-2495
Disclaimer : study is only for educational purpose
of which wave B resisted near golden ratio 0.618
and showing weakness.. breaking down from the wedge will bring
more weakness towards 2500-2495
Disclaimer : study is only for educational purpose
Note
2500.95 low made till nowNote
Wave B is very very slow wave ... called lazy wave
and its checks traders' patience..
Related publications
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.