Ok so this chart has ran farther than i expected. Not a bad thing if you think about it. Do not think we necessarily need to do a wave recount yet. Yet.
The XAUUSD chart has rarely go beyond four or five candle sticks of green without immediately going red the next 1-3 candles. Plus, it has ran on for too long and should be finally retracing a little.
The retracement is what we need to watch closely imo. It could go down from here on. If the downward wave is denied, then we could see a greater push to break record highs.
Short term short for 1-3 mths, then we reassess from there. I’m thinking it might go higher.
The XAUUSD chart has rarely go beyond four or five candle sticks of green without immediately going red the next 1-3 candles. Plus, it has ran on for too long and should be finally retracing a little.
The retracement is what we need to watch closely imo. It could go down from here on. If the downward wave is denied, then we could see a greater push to break record highs.
Short term short for 1-3 mths, then we reassess from there. I’m thinking it might go higher.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.