Friday, 14 June 2019

XAU/USD mid June (updated 20th June)

Looks like Minor wave 1 of Intermediate wave (3) of Primary wave [3].


The hourly view is quite clear and self-explanatory..


20th June:  The price has broken above Primary wave [1] of Cycle V as it launches within the 3rd wave fractal cluster of Primary wave [3], Intermediate wave (3) and Minor wave 3.


LINK:  Earlier Gold Charts


Like all of the charts that I post, this pattern analysis employs the standard version of the Elliott Wave Theory and is intended only to demonstrate my own momentary view within my own application of that theory.


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