GOLD(XAUUSD)

31 Okt

XAUUSD is under a 5:4 wave formation which fall can be arrest near 2759. and we may see 5:5 formation which was a last phase of Impulse completion.. I will use this rally to exit my longs between 2789 to 2810.

Risky trade is to go long near 2759-2750 SL 2734 tgt 2789-2809..

Safe trade is look to short near 2809 zone...