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Analyticssage

Gold Elliott wave analysis for week starting 24.08.2020

Emas / Dollar A.S. (OANDA:XAUUSD)  
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OANDA:XAUUSD   Emas / Dollar A.S.
Wave Analysis Gold
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waveanalysis gold
I personally don't think the price can go bellow 1861 as RSI shows a big resistance level there
we are at wave 4 correction so I am expecting a triangle or a flat correction
I am not gonna trade this until I see a clear signal
Komentar:
wait until we see a clear correction structure for wave 4, usually a flat or triangle
I will only buy if I see a clear confirmation, the correction is still unfolding
snapshot
Komentar:
Komentar:
Still not sure about the wave 4 correction structure. I am gonna wait more
snapshot
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