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Gold moving up as expected (Elliott Wave Analysis)

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Emas Semerta / Dolar A.S. (FX:XAUUSD)  
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FX:XAUUSD   Emas Semerta / Dolar A.S.
Gold XAUUSD goldlong Elliott Wave
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gold xauusd goldlong elliottwaves
Gold seems to have reversed near the earlier mentioned invalidation level around 1241.50 .
As of now it seems to be moving for a Wave 2 retracement near the red support region.

SL is still to be kept at Invalidation level.

I will update further as this market progresses.
Komen:
See how aggressively buyers jumped in at the support level.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/

Video Course : 50eyes.com/elliott-wave-course

Author : Think with the Markets

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