Gold XAU/USD - Price Action & Elliott Wave for 17th -18th Sep

 

Gold Price Action :


Gold Price Action

Gold XAU/USD has broken the trendline after FOMC Meeting 

Low made 1937 and price heading towards re-test 1952-1961

Bears will get active if 4H Bearish candle appears in this Zone.


XAU/USD Elliott Waves :


XAU/USD Elliott wave Analysis

abc pattern (3-3-5) is going to unfolding. 

Forecast :

a-1937

b- between 1952-1959

c - 1902-1915

Risk -Reward Trade set-up :

Sell near 1958 with SL High 1973 

Target 1915





Twitter: https://twitter.com/BharatKumarWP

YouTube:https://www.youtube.com/c/ultimateforex/

Telegram Contact for Premium Chart/Signal Service: https://t.me/UltimateForexSupport

Post a comment

1 Comments