GOLD the POWER OF WAVE ANALYSIS

١٤ فبراير ٢٠١٦

Hello Traders as see in the chart pinned here the down move was an ending diagonal which broke to the up side as it does 90% of the time . Now we wait for a corrective structure to confirm the start of an up trend.
Remember just drawing lines on a chart has NO meaning !! It is not about the lines you put , it'a all about the STRUCTURE!! So drawing lines without understanding what structure you are looking for is as good as driving but not knowing where you are going!

Trade with care.
Thank you for your support.