nezyrinfx

XAU/USD WXY Correction

FX:XAUUSD   Gold Spot / U.S. Dollar
Price climb from the low of 16th May looks to be forming in a WXY Corrective Wave structure where wave (X) looks to be formed in a flat correction of ABC. We could expect a pullback after the rally on 10th June for wave (B) of (Y) before another push up for wave (C) of (Y) to complete this retracement from peak of $2070.
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.