.jpg)
The article covers the following topics:
Main meals
- The main scenario: Consider the long situations of corrections above the level of 2955.75 with 3300.00 – 3500.00. Buy signal: The price exceeds 2955.75. Loss: Less than 2920.00, take profits: 3300.00 – 3500.00.
- An alternative scenario: The collapse and unification below the 2955.75 level will allow Xau/USD to continue to decrease to 2830.61 – 2574.07 levels. Selling signal: 2955.75 level is broken to the downside. Loss stop: above 2990, take profits: 2830.61 – 2574.07.
The main scenario
Consider the long situations of corrections above the level of 2955.75 with 3300.00 – 3500.00.
Alternative
The penetration and unification below the 2955.75 level will allow the husband to continue to decrease to 2830.61 – 2574.07 levels.
analysis
The Fifth Fifth Land 5 -Class wave is supposed to develop on the weekly graph, with the formation of the wave (5) of 5 as part of it. It seems that the third wave of 3 class of (5) continues to form on the daily chart, with the development of the third wave of 3 inside. The III wave (V) is supposed to be on progress on the H4 chart, with the V -wave formation as part of it. If the assumption is correct, Xau/USD It will continue to rise to 3300.00 – 3500.00 levels. The level of 2955.75 is very important in this scenario, as the husband will be able to continue to decrease to 2830.61 – 2574.07 levels.
This expectation depends on Elliot wave theory. When developing trading strategies, it is necessary to consider the basic factors, as the market situation can change at any time.
Xauusd price scheme in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of the Litefinance Mediator. The materials published on this page are provided for media purposes only and should not be considered to be considered investment advice for guidance purposes 2014/65/European Union.
According to the Publishing Law, this article is an intellectual property, which includes a prohibition on its copy and distribution without approval.
