Potential structure continuation for XAU.
We have nice bounce around $1210 which is a double 50%, in turn of a potential top at $1250 area making $1210 at triple 50%. If this structure continues then we will likely see 1160 in the near future forming an AB = CD pattern.
We have nice bounce around $1210 which is a double 50%, in turn of a potential top at $1250 area making $1210 at triple 50%. If this structure continues then we will likely see 1160 in the near future forming an AB = CD pattern.
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Nice move here on GOLD. Incase of retracement, here is a potential long setup.