m.abdullah.alassaf
Short

XAUUSD, The bottom is near...

FX_IDC:XAUUSD   Gold / US-Dollar
XAUUSD             is currently in a correction following an impulsive move higher. The most likely bottom target is highlighted on the chart, being a Fibonacci retracement line of the impulsive move & wave A from the correction. Corrections can be messy and may be adjusted as they unfold.
Kommentar: Third wave is extended, looking at 1301.94 as next possible target
Kommentar:
snapshot
Kommentar: Possible impulse move from here
Kommentar:
snapshot
Kommentar: Most likely, the correction will be flat and so wave B could re-test the high of (A) or even exceed it.
M.A.A
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