Mjolnir314

XAUUSD Market Outlook 16-20 March 2022

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
My last week analysis has been done and the price has reached the ideal target of bearish wave 5.
Now, we should take a caution because the market will make an A-B-C correction as the wave principles told us.

Setup: Buy
Key Support: 1784
Key Level: 1832
Aggressive Entry Area: 1812

It would be better to wait wave A breached 1832 area before you go long, however I would like to go aggressive at 1812 area.
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