Update on Gold
Buyers are now joining the market as predicted.
Previously posted:
A potential buy set up on Gold
This is based on a long-term buy on Gold looking at Weekly and daily time Frame.
When applying elliot waves and Channels, we see a bigger picture for potential reversals and continuation.
I will therefore wait for a reversal on 2 hour time frame to complete wave 4 and then buy until wave 5 which is at the channel boarder.
Buyers are now joining the market as predicted.
Previously posted:
A potential buy set up on Gold
This is based on a long-term buy on Gold looking at Weekly and daily time Frame.
When applying elliot waves and Channels, we see a bigger picture for potential reversals and continuation.
I will therefore wait for a reversal on 2 hour time frame to complete wave 4 and then buy until wave 5 which is at the channel boarder.
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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.
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.