GOLD possible Sell Setup
Updated
Gold in Daily is on ABC ZigZag of 4th correction waves.
B ZigZag is strong b, c fail - so we expect C will be Elongated at around 100% Fibo 1649 or could extend to 161.8% 1618-1620
Every bounce to resistance Trending would be a good sell setup. But once the price retracement above 1820 would be Bull territory.
B ZigZag is strong b, c fail - so we expect C will be Elongated at around 100% Fibo 1649 or could extend to 161.8% 1618-1620
Every bounce to resistance Trending would be a good sell setup. But once the price retracement above 1820 would be Bull territory.
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