Hi,
XAUUSD looks bullish on the 1-hour chart. It is possible that it will make a minor correction to complete wave C and then pull up to create a higher low before rising.
Alternatively, it may pull up and retrace to form a higher low before moving up. A close eye will be needed, but for now, the sentiment is bullish from the low.
Happy Trading,
K.
Not trading advice.
XAUUSD looks bullish on the 1-hour chart. It is possible that it will make a minor correction to complete wave C and then pull up to create a higher low before rising.
Alternatively, it may pull up and retrace to form a higher low before moving up. A close eye will be needed, but for now, the sentiment is bullish from the low.
Happy Trading,
K.
Not trading advice.
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