Ali_Aasal

XAUUSD will drop once more

Short
Ali_Aasal Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As it is perfectly illustrated on the chart, there will be a minor uptrend and afterwards, Gold will again experience one more drop which the whole pattern is going to take greater time in comparison to the preceding patterns which the latest one was an X-Wave
Afterwards, we will have a larger degree uptrend as a supercycle which probably will take shape as a C-Wave of a flat and will be impulsive either trending or terminal( but it's too soon to predict that far ).
Trade active
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.