XAU/USD - 4H Forecast
Gold are forming ABC Structure for Daily Movement.
As FOMC affected some moving, there is some revised movement.
Wave A and B in 4H Chart has been completed. with Validation level at 1795 (Breaking this level will be re-counting)
and there is 5 sub-wave movement in M30 Chart and breaking 1776
will be confirm to making wave 3.
Targeted completion at 50% retrench at 1737 / somewhere depends
on this few days movement.
*Trade at your own risk. My wave has been simplified to 3 wave movement.
As FOMC affected some moving, there is some revised movement.
Wave A and B in 4H Chart has been completed. with Validation level at 1795 (Breaking this level will be re-counting)
and there is 5 sub-wave movement in M30 Chart and breaking 1776
will be confirm to making wave 3.
Targeted completion at 50% retrench at 1737 / somewhere depends
on this few days movement.
*Trade at your own risk. My wave has been simplified to 3 wave movement.
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