There is a slight chance that its still inside an ABCDE 4th.
There are so many shorts based on Gartley patterns. Let's go with the minority, shall we?
Its still going up after some pullback. So its either up->down->up or down->up->up
There are so many shorts based on Gartley patterns. Let's go with the minority, shall we?
Its still going up after some pullback. So its either up->down->up or down->up->up
تعليق:
If gold manages to push higher without breaking below the purple (2) 1365 is a nice target before a pullback to the lower levels.
تعليق:
تعليق:
Gold is finding resistance here. Its not at a fib extention target but its at a fib resistance. Unfortunately there is no access to volume so this is half the picture.
If it doesnt break look for the low 1300 for a re-entry.
If it doesnt break look for the low 1300 for a re-entry.
أغلقت الصفقة: تم الوصول للهدف:
Target uno!
تعليق:
This is a potential wave 4 retracement. Its gonna hover around 1340 levels for the next hours before it picking a direction. If the .65 fib and wave 1 support holds its aiming for a last push to 1365.
تعليق:
Golden zone for the bulls at Gold.
تعليق:
Note that it can still be on the ABCDE 4th and going down for the E. Its a risky trade at this moment.
تعليق:
Gold is about to invalidated the bullish count. We will switch to the bearish one. Lots of fib correlations on the boxes. The middle one should hold for at least the MID term. If not the last one is the last support, also pitchfork lower support line.
تعليق:
Gold likes to bounce on the .65 retracement, but the structure seems incomplete, it should have another leg down to 1314 area before bouncing for real.
