Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Made quite the rally without a real correction, now it looks like a small wedge. It's not a great one, because it is a bit to steep (the support line) and could also be a ascending triangle. But worth the shot with a 1.5/2 point stop making it a good RR trade for me.
The blue line shows a tiny H&S on the low time frame, if that breaks, it could work out.
The gold ended impulsive(A) wave in intermediate degree in 1285 later wave in (B) intermediate just now in the formation Tspi to the area 1170 / 80 from thereThe forecast in the high probability that the gold will raise to the wave (C) intermediate to the area 1500....
. I will continue to update the progress of the waves in the junctions of the main points
