nezyrinfx

XAUUSD WXY Correction

FX:XAUUSD   Gold Spot / U.S. Dollar
Price currently is making a pullback after the rally from $1894 low and from the peak of $1949, price made 3 waves lower to end at $1926. After price made another 3 waves bounce to end at peak of $1940 and broke lower than $1926 indicating that price is making a double correction in a form of WXY Corrective Wave. We will see another leg lower after price has make wave B of (Y)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.