Gold Spot / U.S. Dollar
Long
Updated

Hellena | GOLD (4H): LONG to resistance area 2955 (Wave 3).

907
Dear Colleagues, after Trump's statements and the general political situation, the price went sharply into a downward movement, but this does not mean that I give up the upward movement.
At the moment I think that wave “2” is completing the correction and soon we will see the long-awaited upward movement.
I think that the price can still update the minimum of wave “2” in the area of 2833, then (or immediately) will start an upward movement in wave “3” at least to the area of the maximum of 2955 of wave “1”.

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This week I expect the upward movement to continue as the 2833 area has been tested. Wave “2” is over or almost over and I expect the price to continue in wave “3” after closing a small gap.

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