Hello Traders
Its seems GOLD (XAU/USD) has completed its wave 3 and now it is going to start correction wave 4.
RSI reached overbought zone and need a correction for a healthy upward momentum.
Also there is a big resistance in 1798-1801 zone (MA 200 & 100 days)
We predict 1778 zone will be end of wave 4.
Thanks for reading
Its seems GOLD (XAU/USD) has completed its wave 3 and now it is going to start correction wave 4.
RSI reached overbought zone and need a correction for a healthy upward momentum.
Also there is a big resistance in 1798-1801 zone (MA 200 & 100 days)
We predict 1778 zone will be end of wave 4.
Thanks for reading