2024-06-05 XAUUSD Bearish Case: Wave 3 of 3 expected anytime now
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- I'm waiting for Wave 3 of 3 Develop this week resulting in downside breakout - Gold was first metal to break down on 20th May but now is holding well among silver, copper and others - If the gold finally breaks down it can be a violent move, I want to be positioned for that - The price action tells me there is no upside risk unless price breaks swing lows and the reverse sharply
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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.