Friday, 27 September 2019

XAU/USD, Spot Gold Updated

1st Oct 2019:
The channel was there, hiding in plain view. Equal legs abc.



From 27th Sept 2019:
This 4-hourly gold chart pattern is interpreted using the standard Elliott wave theory. Intermediate wave (5) is now expected to turn into wave [iii] or 3. This will change if the price goes below (4).



LINK: Copper - Wave [3] starts


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