In our last video about Gold (XAU/AUD) on 8/21/2016, we forecasted a pull back in the instrument towards 1673 – 1595 area. We have now reached that area and we take another look at the instrument to see where it can go next from here and also explain what the next 1 hour cycle move should be based on Elliott wave hedging and also explain the right side to trade the instrument based on it’s incomplete swing sequence from August 2008 low.
Gold (XAUAUD) Mid-term Elliott Wave Analysis 10.10.2016
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