GOLD OTW TO WAVE 5 FROM CURRENT WAVE 4. BELOW 1600 ON CARD?
For this set up, I have defined the invalidation level. It is the high of wave 2 (1735.03). If this set to is about to be true then we have ended wave 4 (yesterday high 1729.41 according to the chart I am using here). And we could be otw to wave 5 which wave 5 usually inverse fibo retracement 123.6-161.8% of wave 4 (1587-1543).
Wish u all have a good trade.
Wish u all have a good trade.
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