meszaros
Long

XAUUSD wave structure long...

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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XAUUSD wave structure long. According to our strategy, the exchange rate is moving upward. For the current move 1365.52 usd. By reaching this level, we expect a sharp correction, which can be close to the correction level of 1233.85 usd. If the idea is right from the correction level, a second wave of gain can be started. The peak of this wave is our second target price of 1480 usd. Then, an increase in ATR can be expected again by a correction wave.

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