DATAMERFX

GOLD.. fiction of breakout strategy and wave theory..

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
before everything else we should wait for breakout clearly... if it occurs , gold will rise with waves as its shown

1st step: breakout
2nd step : rising with waves towards 1792-1815
3nd step : closing candle below 1800 and falling with waves towards 1736-1680

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