XAUUSD Corrective Structure With Bullish Break Anticipated

Jul 10, 2018

XAUUSD is forming a larger corrective structure than what I had first expected. Bear in mind that this is the H1 time frame though so actually still a small move inside this corrective structure. This structure could complete with either 3 or 5 waves. Once we see the break of this structure to the upside and the larger structure on the daily time frame, this will indicate a strong move up.

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Cheers
Linton

Jul 25, 2018

Note

Formation changed and the long was not triggered. Idea closed