XAUUSD - Metals Trading | Elliott Wave Structures I Q2 2019
*If you like this idea please support it with a like so I can publish more. Thanks!
More details about me in my signature.
XAU/USD - Elliott Wave Outlook
Bullish Swings - Patterns:
Cycle Degree Contracting Triangle (turquoise)
ABC sustained bullish swing in Cycle D (turquoise)
Bearish Swings - Patterns:
ABC Wedge Formation in Intermediate (A) (blue)
Next expected swing:
Bullish sequence in Intermediate (B) (blue)
Structure change:
A bearish continuation in an impulsive manner could lead towards a breach of the Fibonacci lines and could then result in a down-trend confirmation.
More details about me in my signature.
XAU/USD - Elliott Wave Outlook
Bullish Swings - Patterns:
Cycle Degree Contracting Triangle (turquoise)
ABC sustained bullish swing in Cycle D (turquoise)
Bearish Swings - Patterns:
ABC Wedge Formation in Intermediate (A) (blue)
Next expected swing:
Bullish sequence in Intermediate (B) (blue)
Structure change:
A bearish continuation in an impulsive manner could lead towards a breach of the Fibonacci lines and could then result in a down-trend confirmation.
