Mkaihaan

XAUUSD Wave Analysis

FOREXCOM:XAUUSD   Guld / USA-dollar
I hope you all benefited significantly from my previous analysis which the market followed the EXACT mapping I published for the public's advantage for your reference check my last published analysis for XAUUSD.

XAUUSD completed it's 3rd of the 3rd with a colossal downslope of 4th multiple of Fibonacci (4.618) which is the nature the 3rd wave in the scope and magnitude of its growth ratio.

Now, a 4th of the 3rd of the second wave from the preceding degree will unfold, not exactly certain at this point which shape it will take but as market thread forward we shall realize it.


Trade at your own risk and with discretion: baring in mind the fundamental strategies for successful executions: trade size, money and risk management, your idiosyncratic psychology.

Enjoy trading!
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