Previous analysis (below) caught a top perfectly.
The sharp drop continued through all three sessions.
Now we have the inevitable bounce, ty to N. Korea.

This is just a quick update with resistance zone about to be tested.
If it breaks through with ease, it could continue to next zone easily.
But I suspect the bounce is about done, and down move will continue.

Last Analysis looking for drop:
XAUUSD retrace UpDate: Gold has one small Leg down then UP ?


Bigger picture looking for new high
XAUUSD retrace watch: Gold has one more leg UP ?


ملاحظة
Decent looking rejection at top of band لقطة lets see if that was it ...

.
ملاحظة
Beautiful: fib 1.618 nailed it within TWO CENTS! wow لقطة

.
ملاحظة
just broke below a tripple fib confluence at 02.14/15 لقطة if retest rejects, look out below

.
Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

منشورات ذات صلة

إخلاء المسؤولية