long gold for the few days up to 1119
Updated
This is SBSTOCKS.COM take on GOLD this week. looks pretty strong taking in consideration the fall in stock markets, and instability in all over the place.
might be a good idea to take a look on some longs. short term. however this is very aggressive as gold is in a long term down trend.
targets might be on @1119. look for supports on lower time frames, 1h. 4h. don't trade on Monday
Below is a daily chart showing elliot wave counting for impulsive move up. we might be in wave 4 might be completed on Monday-Tuesday.
Please feel free to drop a line or visit us @
sbstocks.com
might be a good idea to take a look on some longs. short term. however this is very aggressive as gold is in a long term down trend.
targets might be on @1119. look for supports on lower time frames, 1h. 4h. don't trade on Monday
Below is a daily chart showing elliot wave counting for impulsive move up. we might be in wave 4 might be completed on Monday-Tuesday.
Please feel free to drop a line or visit us @
sbstocks.com
Note
SUCESS; +320 pips and more to come on goldTrade closed: target reached
+320 pips and still bullish on gold, new signal will be published soon
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