Here is my continuation analysis of GOLD (XAUUSD). On my last analysis of GOLD (XAUUSD), I was expecting that GOLD (XAUUSD) will do retracement until at least 1861-168 area. Unfortunately GOLD (XAUUSD) reached only until 1869 area and after that rising again to the upside. Last Friday, GOLD (XAUUSD) drop again until the 1875 area. But this time I believe it was just retracement for going higher. Next week, I believe GOLD (XAUUSD) will continue to the upside again with the closest target 1900-1910 area, but my target is GOLD (XAUUSD) completing subwaves 5 and reaches the 1952-1962 area.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
Share your thoughts or ideas in the comment section below and give support by giving like thumbs and sharing with your friends.
Cheers.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
Share your thoughts or ideas in the comment section below and give support by giving like thumbs and sharing with your friends.
Cheers.
