XAUUSD: Key Resistance @ 1485 with Potential Reversal from 1490
Hi Traders,
Gold is currently retesting key resistance between $1482 and $1487. I'm looking at this corrective structure as a triple three - X1 is showing an expanding flat whilst X2 is a regular flat. I'm expecting price to make one more push to the upside (to complete wave Z) and reverse between $1491 and $1499.
Regards,
Wave Theorist
Gold is currently retesting key resistance between $1482 and $1487. I'm looking at this corrective structure as a triple three - X1 is showing an expanding flat whilst X2 is a regular flat. I'm expecting price to make one more push to the upside (to complete wave Z) and reverse between $1491 and $1499.
Regards,
Wave Theorist