GOLD/DOLLAR - Potential hourly ending diagonal.

The last fifth wave of daily/weekly zigzag correction (reactionary upmove) can get complex, which is fair enough based on exhaustion of the daily uptrend and the expectation of a great bearish movement on weekly basis.

Happy trading!

ความคิดเห็น:

Not the expected ED, but an impulse.
Right now I assume the last "C" wave of the weekly zigzag is completed. Nevertheless, the price is far away from the daily support, which means that an alternative wave count could take place.

Good luck