Potential triangle in XAU/USD
After the all-time-high in december, i've been following the price and it is possible that each leg has 3 wave count.
Last night, price broke down to 2012 level. This could be an undershoot of E wave of triangle
with E wave forming complex correction pattern
If the price does not go under 2012
this could be a start of the next move up to 2200-2300 area
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.