XAUUSD: Elliott wave analysis and forecast for 30.08.24 – 06.09.24

1 min read

Highlights and key points

Main scenario: consider long positions from corrections above the level of 2471.10 with a growth target of 2600.00 – 2700.00. A buy signal: if the price remains above 2471.10. Stop Loss: below 2440.00, Take Profit: 2600.00 – 2700.00.
Alternative scenario: breakout and consolidation below the level of 2471.10 will allow the pair to continue declining to the levels of 2292.30 – 2161.56. A sell signal: after the level of 2471.10 is broken to the downside. Stop Loss: above 2500.00, Take Profit: 2292.30 – 2161.56.

Main scenario

Consider long positions from a correction above the level of… Read full author’s opinion and review in blog of #LiteFinance

You May Also Like

More From Author

+ There are no comments

Add yours