Gold Spot / U.S. Dollar
Updated

ELLIOTT WAVE XAUUSD H4 update

71

EW Trade Set Up H4

subminuette wave (iv):
downward price movement from 22 april high at 3500 area looks a sideway correction unless an impulsive movement start breaking up 3350 level first and then 3400 level shortly.

key levels (area)

3400
3350
3312 POC
3290
3240




Trade active
h4 bullish trend is losing strength. h1 trend still bullish but can't gain strength - needs a strong break of levels 3350 then 3400

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