fx_iranian_traders

Elliott Wave count for Gold

OANDA:XAUUSD   Vàng / Đô la Mỹ
Hello everyone, Eventually gold crossed the downtrend line and closed a daily candle above 1763$ which was our resistance level, now we have more confidence in this scenario. I updated the main scenario chart in H4 timeframe, I expect some downward and sideway movements to begin soon to build wave II. You can see the details in the chart, If you have any idea or question about this scenario please share with us in comment. I will provide more Elliott wave count daily if you are interested follow us to receive updates.


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