Gold - Soul Dancer
As I mentioned in the chart, XAUUSD is doing an Elliott Triangle Wave in a closing wedge,
it is likely to break from top and (E) point might be a good long entry.
it is likely to break from top and (E) point might be a good long entry.
Note
XAUUSD reversed in the middle December of last year. And USdollar index topped about the same time.
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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.