Gold EW waves and ABCD The key support position is 1244. If it has strong support. Gold will go to the D position(wave 3 of big EW, wave 5 of small EW).
ملاحظة
Let's see if 1240 will hold or not for the bulls.
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If the EW drawing is correct, I would expect a spike up around 1240.
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If 1240 area cannot hold, it will be bearish and the next target is 1228.
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1244 seems to be holding
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1244 will not hold, need to check the support around 1240.
تم حذف الأمر
1240 area is breached. Next target is 1228 area.
ملاحظة
If closing above 1244, there is still a hope for the bull trend.
تم فتح الصفقة
Wahaha... Bull Trend confirmed.
ملاحظة
1244 area will be re-tested for confirming the bull trend and for more bulls to join
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Looks bearish to me.
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If gold shoots up like yesterday, double bottom support would confirm the bullish trend.
ملاحظة
good, long pin. And the gold bears have reached their target.
تم إغلاق الصفقة يدويًا
It's a bear trend. Target 1228.
تم فتح الصفقة
I don't know what to say, gold is full of surprise.
ملاحظة
Let's see if close price can be 1244 or not. Still looks bearish.
تم إغلاق الصفقة يدويًا
Bull is done for now. Let's the support at 122x area.
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