idea to accompany earlier XAUUSD
postings. Approaching the "point of recognition" where this rally could accelerate in the 3rd wave, catching shorts off guard and squeezing higher. MACD
should extend higher through the minute wave iii
of 3. Negative divergence, meaning a lower high, would be expected on wave v of 3. Momentum technical indicators, like RSI
, should become 'embedded' during the 3rd wave.