XAUUSD elliott wave analysis.. Buy on Dip

Di MDstockmagic
Aggiornato
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
Commento
bounced from the support again 2473-70...

till now made high 2486..

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

will london sweep that liquidity ?
Commento
2507 done
Commento
power of elliott wave... high 2517
Trade chiuso: obiettivo raggiunto
2323 high
Trade chiuso: obiettivo raggiunto
2523
Chart PatternselliottwaveanalyiselliottwaveforecastsgoldpriceTrend AnalysiswaveWave AnalysiswaveanalysissXAUUSD
MDstockmagic

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