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 :


b- between 1952-1959

c - 1902-1915

Risk -Reward Trade set-up :

Sell near 1958 with SL High 1973 

Target 1915

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