Friday, April 13, 2007

XAUUSD Intraday

Seems to me that gold is ready for some pullback. My intraday Elliott wave count indicates a completion of intraday wave III. Good support at 667$.

XAUUSD Intraday ( 4 hr candles) Chart , click chart to enlarge.

XAUUSD Intraday

2 comments:

  1. Yes, I believe also. There's a also a negative divergence formed on MACD Histogram on 15 minutes chart and seems 60 minutes is foming also. good thing that it pull back now so it can break $700 with better force and sustanbility.

    Frank

    ReplyDelete
  2. Frank,

    Lets see what happens tomorrow...

    ReplyDelete