gold trading signals and zigag pattern 

gold trading signals and zigag pattern 




XAU USD GOLD technical analysis

waves in the same direction will tend toward equality

GOLD declined fast and sharply from level 2015 to level 1911 which equal previous wave from 1557 to level 1446

Also equal bearish wave from 1765 to 11670

So free forex signals analysts expect gold prices will form bullish wave to target level 1970 or 1994 at least

Trend continues till gives a reversal signal

on hourly chart the Last wave determine the end of the pattern and Consists of zigzag that generate buy forex signals

declined fast and sharply from level 2015 to level 1911 gold prices formed zigzag pattern

reversal candlestick pattern on hourly chart is bullish engulfing pattern

Elliott Wave Trading pattern  

 

Zigzags Set Up a Trade for the Next Impulse Wave

 

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gold trading signals and zigag pattern 

GOLD

BUY @ 1930

TP @ 1970

SL @ 1910