XAU / USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - M30
In Long Time #LTF it is following Bearish Channel and Following Bearish Channel and Rejecting the Bearish Trend
In Shorter Time Frame according to Elliot wave it has completed its Impulsive waves and correction as well Now it will again Follow Impulsive wave
It is currently Standing at Demand Zone ( 1743 - 1745 ) if it rejects from these area and Lower Trend Line #LTL with strong Bullish Price Action it will Follow Buy Trend Trend
Time Frame - M30
In Long Time #LTF it is following Bearish Channel and Following Bearish Channel and Rejecting the Bearish Trend
In Shorter Time Frame according to Elliot wave it has completed its Impulsive waves and correction as well Now it will again Follow Impulsive wave
It is currently Standing at Demand Zone ( 1743 - 1745 ) if it rejects from these area and Lower Trend Line #LTL with strong Bullish Price Action it will Follow Buy Trend Trend