黄金现货/美元已更新 XAUUSD is forming a contracting triangle of wave X.
Timeframe: 1 day chart
XAUSD has created a corrective pattern W-X-Y (double three) on the wave (4).
Wave 4 is forming double three patterns, where gold has completed wave W.
Wave X is a contracting triangle.
Bears can enter after the breakout of the B-D line.
Breakout of the B-D trendline shows that gold can fall very sharply.
Sometimes, The market creates unexpected moves, and we miss the opportunity.
If gold blows out the A-C trendline of the triangle, then we should be ready to change our bias from a bull into a bear.
Within this consolidation box, Gold illustrates unbiased strength.
I have mentioned important levels on the chart.
Press the like button to encourage my work.
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XAUSD has created a corrective pattern W-X-Y (double three) on the wave (4).
Wave 4 is forming double three patterns, where gold has completed wave W.
Wave X is a contracting triangle.
Bears can enter after the breakout of the B-D line.
Breakout of the B-D trendline shows that gold can fall very sharply.
Sometimes, The market creates unexpected moves, and we miss the opportunity.
If gold blows out the A-C trendline of the triangle, then we should be ready to change our bias from a bull into a bear.
Within this consolidation box, Gold illustrates unbiased strength.
I have mentioned important levels on the chart.
Press the like button to encourage my work.
Follow me for more ideas.
注释
Gold has reached the first and second target.Gold is marching for final target.
交易结束：到达目标
Gold made traders jocund.
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