SLouise96

A New Impulsive Wave Forming?

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Ive analysed XAUUSD on a 4h timeframe and identified a previous impulsive wave that preceded a correction finishing at 1901.

Price has since show indication of starting a new impulsive wave with its first HH at 1948.17 followed by the formation of a higher high.

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