XAUUSD rising wedge pattern

Theo MDstockmagic
XAUUSD in rising wedge pattern with A-B-C corrective pattern
of which wave B resisted near golden ratio 0.618
and showing weakness.. breaking down from the wedge will bring
more weakness towards 2500-2495

Disclaimer : study is only for educational purpose
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2500.95 low made till now
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Wave B is very very slow wave ... called lazy wave
and its checks traders' patience..
Chart PatternselliottwaveprojectionelliotwaveanalysisgoldpriceTrend AnalysisWave AnalysisXAUUSD
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