Gold Spot / U.S. Dollar
Long
Updated

A simple but practical chart of GOLD for every one in the market

322
Hello everyone
I do not know how many times I have mentioned What I want to say now but I repeat it again and again because I can see this problem even in the analysis of the most pronoun and famous chartists and technicians.
My friends, candle stick charts are really good and I use it every day but because of shadows (Wick) lines, they can make it confusing and so I always request you to check your charts in Line Chart at least in your weekdays (Weekly Chart).
Line charts never say lie to us my brothers.
Note
According to our estimate, Gold is correcting deeper levels (probably near to Channel Midline) and then continues to its rally.
I guess it happens with DXY drop in the next weeks.
Note
I just love this chart ;)
Note
Wave 4 primary is in progress
Trade active
I really recommend you to see the charts in Linear mode.

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