Gold – XAU/USD: Wave analysis and forecast for 07/09/2018 – 14/09/2018

Gold – XAU/USD: Wave analysis and forecast for 07/09/2018 – 14/09/2018 Descending trend for the pair XAU/USD continues. Estimated pivot point is at a level of 1218.09. Main scenario: short positions will be relevant from corrections below the level of 1218.09 with a target of 1140.70 – 1120.00. Alternative scenario: breakout and consolidation above the level of…

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