XAUUSD Elliottwave Analysis

Mar 19, 2018 at 07:58
442 Views
1 Replies
Mar 19, 2018 at 07:58
On daily chart, we still suspect spot Gold in a potential triangle consolidate mode.

Short term neutral bias within 1300/42 range.

Need to break either side to provide clearer direction.

Below 1300/1299.6, will expose 1277/1267 support zone.

Above 1342 may directly bullish for 1355/1372, 1396.

(views are my own, not trading recommendations. Good Luck!)




Pielikumi

Mar 22, 2018 at 08:56
We see a potential inverse head-shoulder bottom on 720 min chart with trend line broken.

For now we have moderate upside bias.

If so, today will not touch 1325.

Directly break recent low will regain downside risk.

Views are my own, not trading recommendations. Good Luck!




Pielikumi

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