Ouro/Dólar Americano
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ELLIOT WAVE ANALYSIS-MORE BULL RUN AHEADS

957
Dear Traders,

Gold price is in correction and forming wave (iv).

After that it will lead an impulse wave (v) which will be our priority to open position.
Trade ativo
snapshot
Nota
snapshot

If the price does not break the High of "B" within 15 bars in 4 hour chart, then we will consider this move as "X"

That means blue (abc) will become our first correction wave ''W''

So it will lead to double correction then.
Nota
snapshot
Nota
snapshot

Seems like price is forming a double correction pattern.
Trade fechado manualmente
I have closed my long position yesterday.

I will update a new correction draft today.

Aviso legal

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