Gold in higher Time frames looks completely bearish to me.
According to this Wave Analysis, We are probably forming Wave 2 of an Impulse Wave and between 1800 -1870 we can expect this Trend ends and Wave 3 start.
First Target for Wave 3 is below the old low, I mean below 1700$. Let's see how this will turn out!
According to this Wave Analysis, We are probably forming Wave 2 of an Impulse Wave and between 1800 -1870 we can expect this Trend ends and Wave 3 start.
First Target for Wave 3 is below the old low, I mean below 1700$. Let's see how this will turn out!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.