LONG opportunities incoming for Gold *W (tf) (wave 5)
Wave 4 completed ?
Long Confirmation is anticipated with the red trendline resistance breakout and CHoCH's on smaller time
frames.
Current support trendline support on green and 20EMA on *W
TA speaking, Gold is sitting at a very sweet spot until the uptrend is invalidated
- Looking ahead for New All Time Highs for Gold in the midst of this troubleshooting
frenzy Economic Enviroment
US's Debt Ceiling Crisis and governments not trusting any longer The US Dollar
in their balance sheets.
Did you know that through-out 2022 and the on-going of 2023 amongst many countries,
Russia and China, two Global Superpowers,
have been stacking Gold up as their
State Reserves in heavy amounts !
Do they know something we don't !?
TRADE SAFE !
*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based alone in this idea