meszaros

XAUUSD rising waveform is formed...

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD rising waveform is formed. I look forward to a rising wave of dual wave motion. The ATR axes (purple line) are steep, so a definite increase can be assumed. The first wave can last up to 1341.45. Then I expect corrective action. Then from the 1316.88 level a second wave. Before the slope may be growing. Because the angle of the second ATR axis is steeper. The wave is about 1384.21 for motion.

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