Hello everyone,
XAUUSD is progressing in line with the Q1 analysis (see link).
We saw the bearish continuation into this week and we're now approaching the 1720 -1670 zone.
As mentioned previously, this is where I think we could see the Wave 4 correction completing so I am open to the idea of gold not bouncing back up immediately. It's possible the we see a small structure to a lower degree pattern out around this zone in the next couple of weeks.
Who's Elliott?
The primary wave count is still the same, no changes on that front. Please see the linked ideas below for the wave count.
Once again, staying aware of some of the possibilities. Let’s see how it plays out today and into the forthcoming week.
Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed.
Thank you for taking the time. Trade Safe!
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea.
Trust your own analysis.
Beyond Edge
XAUUSD is progressing in line with the Q1 analysis (see link).
We saw the bearish continuation into this week and we're now approaching the 1720 -1670 zone.
As mentioned previously, this is where I think we could see the Wave 4 correction completing so I am open to the idea of gold not bouncing back up immediately. It's possible the we see a small structure to a lower degree pattern out around this zone in the next couple of weeks.
Who's Elliott?
The primary wave count is still the same, no changes on that front. Please see the linked ideas below for the wave count.
Once again, staying aware of some of the possibilities. Let’s see how it plays out today and into the forthcoming week.
Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed.
Thank you for taking the time. Trade Safe!
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea.
Trust your own analysis.
Beyond Edge
🔰 Not financial advice. For educational purposes only.
🔰 Join the free Telegram channel for more crypto - t.me/BeyondEdge
🔰Follow me on twitter www.twitter.com/beyondedge_
Your likes and follows are much appreciated.
BeyondEdge
🔰 Join the free Telegram channel for more crypto - t.me/BeyondEdge
🔰Follow me on twitter www.twitter.com/beyondedge_
Your likes and follows are much appreciated.
BeyondEdge
