EW potential for correction (Horvat)
$XAUUSD moving out of a triangle. Watch the 1765-1820 areahttps://t.co/0ZTuLRG0tQ #metals #Elliottwave pic.twitter.com/TYjtgFy66U
— Grega Horvat (@GregaHorvatFX) September 23, 2020
$XAUUSD moving out of a triangle. Watch the 1765-1820 areahttps://t.co/0ZTuLRG0tQ #metals #Elliottwave pic.twitter.com/TYjtgFy66U
— Grega Horvat (@GregaHorvatFX) September 23, 2020
His target zone is very similar to mine which I have been posting on my site for several weeks now.
The thing about contracting triangles is that they are the next to last move, meaning we still have a leg up after it finishes.