Gold bullish trend
Updated
Currently, we are in wave 3 of 3, which I anticipate will complete at 2735.
We need to wait and trade the corrective wave 4, which is targeted at 2712 - 2708.
From 2708 to 2712 is a good area to begin buying to complete wave 5 from 3. in my view final target for wave 5 from 3 is 2745 -2752.
The level of 2708 is important, we need confirmation below this level to reach 2698-2695 again. and start buy to complete wave 5.
The invalidation level for this scenario is 2684.
Please be mindful of high-risk management.
HINT :
The total government debt of the United States is anticipated to hit $40 trillion in the latter half of the next year, which suggests a continued increase in the prices of gold and silver.
We need to wait and trade the corrective wave 4, which is targeted at 2712 - 2708.
From 2708 to 2712 is a good area to begin buying to complete wave 5 from 3. in my view final target for wave 5 from 3 is 2745 -2752.
The level of 2708 is important, we need confirmation below this level to reach 2698-2695 again. and start buy to complete wave 5.
The invalidation level for this scenario is 2684.
Please be mindful of high-risk management.
HINT :
The total government debt of the United States is anticipated to hit $40 trillion in the latter half of the next year, which suggests a continued increase in the prices of gold and silver.
Trade active
trade working Trade active
almost target reached Trade closed: target reached
TARGET REACHED OUT TO - AROUND 300 PIPS.
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