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NeeteshJain

Gold (XAU/USD) Completes Flat Correction, Next Bullish Upmove

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
NeeteshJain  
FX:XAUUSD   Gold Spot / U.S. Dollar
Elliott Wave Flat Gold auxusd
17
0
elliottwaves flatcorrection gold auxusd
The price action is been ranging in a rectangle consolidation where it is forming a Regular Flat Correction pattern that indicates completion of corrective phase and beginning of a new bullish move or trend. A good risk to reward setup.

Keep a Stoploss: 1290
Target 1: 1340
Target 2: 1375

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