XAUUSD - GOLD / U.S Dollar Next Move
XAU/USD ( GOLD / U.S Dollar ) Technical Analysis Chart Update
Time Frame - Daily
According to Daily Time Frame it is following Bearish Channel and Rejecting from the Upper Trend Line ( UTL )
Rejection from Fibonacci Level - 61.80%
According to Elliot Waves it has completed the Impulsive Waves and Now its Making Corrective " B " Wave and it will follow Sell Trend Line
Another Reason for Sell is that we have Strong Selling Divergence
Time Frame - Daily
According to Daily Time Frame it is following Bearish Channel and Rejecting from the Upper Trend Line ( UTL )
Rejection from Fibonacci Level - 61.80%
According to Elliot Waves it has completed the Impulsive Waves and Now its Making Corrective " B " Wave and it will follow Sell Trend Line
Another Reason for Sell is that we have Strong Selling Divergence
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