Elliott Wave Trading Set Up XAUUSD
minute wave ((4)) ending in a double zigzag (w)(x)(y) if 3196 area hold.
motive wave should follow in 5 waves (impulsive or leading diagonal)
levels to pass trough: 3230 area first then 3276 area
invalidation: wave count must be update if price break down 3175 low first and then 3165
(minute wave ((1)) )
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.