XAUUSD: 1400 is possible if the trend line is valid
Traders,
On daily chart, considering the first trend from 1360 down to 1321 is the second wave of the trend from 1308 on 8th Feb, 2018, GOLD just finished a fibo 382 correction and got support from a daily long-term trend line.
A possible ABCDE could help gold to touch 1400 next month.
On 4h chart, the broken trend line is telling a truth that the descending trend is finished so far.
Promotion for fx currency subscription is still on till 2nd March.
Less is more!
On daily chart, considering the first trend from 1360 down to 1321 is the second wave of the trend from 1308 on 8th Feb, 2018, GOLD just finished a fibo 382 correction and got support from a daily long-term trend line.
A possible ABCDE could help gold to touch 1400 next month.
On 4h chart, the broken trend line is telling a truth that the descending trend is finished so far.
Promotion for fx currency subscription is still on till 2nd March.
Less is more!
Kommentar:
And now the bull is still there.