Home Featured XAUUSD: Elliott wave research and forecast for 18.11.22 – 25.11.22

XAUUSD: Elliott wave research and forecast for 18.11.22 – 25.11.22

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XAUUSD: Elliott wave research and forecast for 18.11.22 – 25.11.22




Primary situation: believe lengthy positions above the extent of 1700.38 with a goal of 1807.32 – 1851.11 after correction.

Choice situation: breakout and consolidation under the extent of 1700.38 will permit the pair to proceed declining to the degrees of 1616.96 – 1570.70.

Research: a descending correction seems to have shaped because the fourth wave (4) of bigger stage at the day-to-day chart, with wave С of (4) finished inside of. The 5th wave (5) seems to be forming at the H4 chart, with the primary counter-trend wave of smaller stage i of one of (5) unfolding as its section. Wave… Learn complete creator’s opinion and evaluate in weblog of #LiteFinance



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