XAU/USD Trading Analysis (03/06/2024)
The trend is ascending. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the wave A breaches 2330.80 (pivot 2 of the wave C).
Stop-Loss …