Gold Spot / U.S. Dollar
Long
Updated

GOLD, be ready for an impulsive move! (Elliott Wave, S&D)

357
First of all my last analysis was not completely right though we caught some pips :).
You can see that the ending of Wave C was not determined right.

I expect soon the start of wave 3.
I will place a buy limit at demand.

ENTRY 1457
SL 1453
TP 1506.3

Let me know what you think!
If you agree with my analysis, please leave a like and follow my idea.





Note
Gold just formed wave 4.
I am now waiting for the last wave.

snapshot
Note
I was not expecting such a big correction.
Waiting now for another move to the downside before entering long.

Gold is clearly bullish now.
Only Long Positions!

snapshot

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