Search
Products
Community
Markets
News
Brokers
More
EN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
wave 5th still has space to complete
Gold Spot / U.S. Dollar
Long
wave 5th still has space to complete
By bestfarbit74
Follow
Follow
Updated
Apr 6, 2023
1
2
14
14
Apr 5, 2023
gold right now has more chance to grow and hit next important levels
to complete it's 5 impulsive wave. as you can see 4 wave of this impulsive
trend already done and we are into the last wave right now.
if the price close above 2051$, I believe it can gain next target around 2110$
at this scenario wave 5 is extended.
so right now our support level would be around 2008$. this level may test
before keep moving upward.
Enjoy the market
Apr 5, 2023
Note
1H chart set up:
Apr 6, 2023
Trade active
my 2008$ target level hit, testing 2002$ also possible before new rally. lets see
Technical Indicators
Trend Analysis
Wave Analysis
bestfarbit74
Follow
Related publications
schematic of E. waves and what we could expect
by bestfarbit74
short term strategy for gold
by bestfarbit74
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
.