Although I'm already short on Gold from $2,526 I have warned on my previous sell analysis that we might see early sellers get shaken out the market through volatile price action. We might see 1 more ATH on Gold towards the $2,540 - $2,550 price zone before the CORRECTION starts.
This is a highly probable scenario considering we're now at the start of a new month, so we can expect;
⭕️Liquidity Grab On Monthly Candle. ⭕️3 Sub-Waves (W,X,Y) To Complete Wave 5. ⭕️Shakeout Of Early Sellers & Late Buyers.
I will ONLY take a buy position if Gold first reaches Wave I, breaking structure to the upside, followed by a retest towards Wave II. If this does not happen I will not be looking to buy.
Trade active
Gold prices have flown up close to 300 PIPS since I posted this analysis yesterday! Buy's are moving very nicely.
Trade active
£20,000 in profit closed out on our buy position, within the Gold Fund for our investors!
Everyone here that took the trade, I would recommend now securing your profits😍
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