{"id":65455,"date":"2014-12-18T07:49:37","date_gmt":"2014-12-18T12:49:37","guid":{"rendered":"http:\/\/countingpips.com\/?p=65455"},"modified":"2014-12-18T08:24:08","modified_gmt":"2014-12-18T13:24:08","slug":"possible-continuation-of-the-uptrend-xauusd-wave-analysis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/12\/possible-continuation-of-the-uptrend-xauusd-wave-analysis\/","title":{"rendered":"Possible continuation of the uptrend. XAU\/USD wave analysis"},"content":{"rendered":"
December 18, 2014<\/div>
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Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Analysis for December 18th<\/sup>, 2014<\/h2>\n

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In our previous review, \u201cStart of the uptrend. Wave analysis of XAU\/USD for 11.12.2014\u201d, we discussed one of the possible scenarios how the uptrend may continue.<\/p>\n

\"\"<\/p>\n

Possibly, the market has already completed a descending correction (ii) of [a]<\/strong>. if this assumption is correct, then later the uptrend may continue inside impulse (iii) of [a] of B<\/strong>. The critical level for this scenario is the start of this impulse at 1182.88.<\/p>\n

An alternative scenario implies that a descending correction (ii) of [a]<\/strong> may yet continue in the form of a more complicated pattern.<\/p>\n

\"\"<\/p>\n

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>.<\/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 18th, 2014 In our previous review, \u201cStart of the uptrend. Wave analysis of XAU\/USD for 11.12.2014\u201d, we discussed one of the possible scenarios how the uptrend may continue. Possibly, the market has already completed a descending correction (ii) of [a]. if this assumption is correct, then later the uptrend […]<\/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-65455","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/65455","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=65455"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/65455\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=65455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=65455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=65455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}