XAUUSD bull

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Long term EW target of 1680 has been reached. Supposing that 1680 does not break given that the daily RSI is oversold, this could possibly be the end of wave 5. In that case, we can look for buys towards the end of Wave A that can be projected towards 1740 to the middle of the weekly flag. If 1740 gives way, we can then look towards 1760. Depending on the scenario, wave B will be towards 1716 - 1708 before Wave C going higher up towards 1800. SL will be below of the weekly flag. Bulls can look towards buying on every $10 drop from this point on for the mid term.
交易結束:目標達成
Wave A done.
交易進行
Shorted 1740 for wave B
交易結束:目標達成
TPed shorts at 1708
交易進行
Bought 1710 and 1700
手動結束交易
All buy positions closed at the top of the weekly flag at 1792
Chart PatternsTechnical IndicatorsWave Analysis

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