XAUUSD elliott wave analysis.. Buy on Dip

Od MDstockmagic
Zaktualizowano
Yesterday ISM Manufacturing PMI data given a dip near 2473
where it seems that xauusd completed its last leg of 5th wave of Y.

Now breaking out from the channel and 2-4 trendline will give more strength for
upmove..
Important level to watch 2496.. bulls need to sustain


upside immediate resistance 2507-09 and 2532
downside support 2473-2470

Disclaimer : study is for educational purpose
Komentarz
bounced from the support again 2473-70...

till now made high 2486..

keep eye on 2496 level.. bull need this level to cross
Komentarz
xauusd silently makin high.. 2502 till now
Komentarz
2505 high till now... near 1st resistance 2507-09..

will london sweep that liquidity ?
Komentarz
2507 done
Komentarz
power of elliott wave... high 2517
Transakcja zamknięta: osiągnięto wyznaczony cel
2323 high
Transakcja zamknięta: osiągnięto wyznaczony cel
2523
Chart PatternselliottwaveanalyiselliottwaveforecastsgoldpriceTrend AnalysiswaveWave AnalysiswaveanalysissXAUUSD
MDstockmagic

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