Hello.
Gold (XAUUSD ) Time Wave analysis update.
Gold draws a daily correction trend line of a bearish wave, and is in decline.
However, if the last daily correction of the downtrend is broken, it is a position where a daily or weekly uptrend can come out.
The upswing may not be huge. Back to top The new weekly, monthly correction trend line is in place, so keep your bat short.
If entering, the stop loss line is below the daily correction trend line.
good luck.
Gold (XAUUSD ) Time Wave analysis update.
Gold draws a daily correction trend line of a bearish wave, and is in decline.
However, if the last daily correction of the downtrend is broken, it is a position where a daily or weekly uptrend can come out.
The upswing may not be huge. Back to top The new weekly, monthly correction trend line is in place, so keep your bat short.
If entering, the stop loss line is below the daily correction trend line.
good luck.