XAUUSD elliott wave analysis.. Buy on Dip

Theo MDstockmagic
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Yesterday ISM Manufacturing PMI data given a dip near 2473
where it seems that xauusd completed its last leg of 5th wave of Y.

Now breaking out from the channel and 2-4 trendline will give more strength for
upmove..
Important level to watch 2496.. bulls need to sustain


upside immediate resistance 2507-09 and 2532
downside support 2473-2470

Disclaimer : study is for educational purpose
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bounced from the support again 2473-70...

till now made high 2486..

keep eye on 2496 level.. bull need this level to cross
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xauusd silently makin high.. 2502 till now
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2505 high till now... near 1st resistance 2507-09..

will london sweep that liquidity ?
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2507 done
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power of elliott wave... high 2517
Đóng lệnh: đạt mục tiêu
2323 high
Đóng lệnh: đạt mục tiêu
2523
Chart PatternselliottwaveanalyiselliottwaveforecastsgoldpriceTrend AnalysiswaveWave AnalysiswaveanalysissXAUUSD
MDstockmagic

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