XAU has Bullish Structure/Direction in H4, Daily, Weekly

Long

Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)

Updated

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

fibonacci elliottwaves goldlong xauusdlong goldsignals goldforecast xauanalsis

Technical Analysis:

- XAU is doing now wave ((4)) in black
- H4 shows a bullish structure
- H1 & H4 right side is turning down

Technical Information:

- If you're a swing trader you can buy when the correction in wave ((4)) is completed
- For position trader you need to wait for wave II in red to be done(Appox. next 6 months)

Comment:

Technical Analysis:

- XAU is doing now wave ((4)) in black
- H4 shows a bullish structure
- H1 & H4 right side is turning down

Technical Information:

- If you're a Swing trader you can buy when the correction in wave ((4)) is completed
- For Position trader you need to wait for wave II in red to be done(Roughly in the next 5/ 6 months)

Comment:

Technical Analysis:

- XAU is still doing now wave ((4)) in black
- H4 shows a bullish structure
-H1 right side is turning up
- H4 right side is turning down

Technical Information:

- If you're a Swing trader you can buy when the correction in wave ((4)) is completed
- For Position trader you need to wait for wave II in red to be done(Roughly in the next 3/ 5 months)

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