{"id":65070,"date":"2014-12-11T08:09:25","date_gmt":"2014-12-11T13:09:25","guid":{"rendered":"http:\/\/countingpips.com\/?p=65070"},"modified":"2014-12-11T08:09:25","modified_gmt":"2014-12-11T13:09:25","slug":"start-of-the-uptrend-xauusd-wave-analysis-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/12\/start-of-the-uptrend-xauusd-wave-analysis-2\/","title":{"rendered":"Start of the uptrend. XAU\/USD wave analysis"},"content":{"rendered":"
December 11, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for December 11th<\/sup>, 2014<\/h2>\n

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In our previous review, \u201cThe uptrend? Wave analysis of XAU\/USD for 04.12.2014\u201d, we discussed one of the possible scenarios how the price may start the uptrend.<\/p>\n

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Probably, the uptrend started with wedge (i) of [a] of B<\/strong> and may continue inside impulse (iii) of [a] of B <\/strong>after completing a descending correction (ii) of [a] of B<\/strong>. The critical level for this scenario is the start of an ascending wedge<\/em> (i) of [a] of B<\/strong> at 1131.37.<\/p>\n

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The wave structure on the daily chart implies that the price may be forming a large ascending zigzag<\/em> B<\/strong>. Right now, the pair is forming wedge<\/em> (i) of [a] of B<\/strong> of its first ascending \u201cleg\u201d [a] of B<\/strong>, which may be followed a descending correction (ii) of [a]<\/strong>.<\/p>\n

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The predicted target of a large ascending zigzag<\/em> B of (4)<\/strong> is at either level of ~1500 or ~1800. The target will be specified as the market continues forming zigzag<\/em> B<\/strong>.<\/p>\n

However, at the same time one should remember that any possible scenario is subjective and the market may move in a completely different direction.<\/p>

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<\/div>\n

RoboForex <\/strong>Analytical <\/strong>Department<\/strong><\/p>\n

Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com Analysis for December 11th, 2014 In our previous review, \u201cThe uptrend? Wave analysis of XAU\/USD for 04.12.2014\u201d, we discussed one of the possible scenarios how the price may start the uptrend. Probably, the uptrend started with wedge (i) of [a] of B and may continue inside impulse (iii) of [a] of B […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-65070","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/65070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=65070"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/65070\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=65070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=65070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=65070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}