XAUUSD - Waves Chart
Thursday,29March
Dear readers,All the recent short term trend lines were violated so no trade lines for today chart.Few days ago I posted a chart and wrote:The current short term chart pattern is a perfect example of the limitation in Elliott wave analysis: Is it (A-B-C) uptrend pattern or a five wave pattern?Given the recent technical action it seems to me that the second choice is more likely to be in play.
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