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meszaros

XAUUSD accumulation fractal is built.

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
meszaros Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Harmonic Patterns Technical Indicators Wave Analysis xauusdlong
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harmonicpatterns indicator waveanalysis xauusdlong
XAUUSD accumulation fractal is built. My assumption is that gold has started to build up a fractal. The analysis shows that the lower levels of these accumulation fractals are below the exchange rate peak at 4.5%. Therefore, we apply this set of rules. It is currently at 1590usd level. Therefore, we can move from this level to the long position again. Target price 1660usd.
Comment:
Comment:
SL : 1553.86usd
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