Classic bullish Wolfe wave is being shaped at Daily and technically speaking it is looking quite promising.
However, it contradicts the previous short setup which is working right now:
Once gold reaches point 5, it will be at the very same area as previous resistance line II-IV.
The outcome of this fight will decide further long-term trend.
However, it contradicts the previous short setup which is working right now:
Once gold reaches point 5, it will be at the very same area as previous resistance line II-IV.
The outcome of this fight will decide further long-term trend.
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Related publications
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.