It seems that Gold was in a expanding triangle correction. After that it starts the fifth wave up. The target for wave 5 after the expanding triangle is the upper border line. It seems that gold will finish the fifth wave up soon.
I will wait the confirmation of breaking the support line and open short position. The first target is around 1234~1244.
Good luck for everyone!
I will wait the confirmation of breaking the support line and open short position. The first target is around 1234~1244.
Good luck for everyone!
Note
Cool! It breaks!Note
Nice move. It is going to touch the target!
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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.