Technical Analysis Chart Update XAU / USD ( Gold / U.S Dollar ) Time Frame - M30
BEARISH CHANNEL in Long Time Frame #LTF - H4 and Rejection from the Lower Trend Line #LTL ELLIOT WAVES in Long Time Frame #LTF completed Impulsive wave " 12345 " and now making Corrective waves " ABC " BULLISH CHANNEL in Short Time Frame #STF - H4 and Rejection from the Lower Trend Line #LTL If Break out the Demand Zone and Lower Trend Line with Retracement then Sell ELLIOT WAVES in Short Time Frame #STF completed Impulsive wave " 12345 " and now making Corrective waves " A " #Buying Divergence in LTF and #Selling Divergence in STF