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Gold Spot / U.S. Dollar
Long
Updated

Power of wave theory again proved why you need this.

1 424
Gold is in 5th wave and ready to make all time high.

But currently the price is in a strong supply zone.

Lets see how price reacts from this zone.
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snapshot

My targets are mentioned with Fibo Extension.

Emjoy!!
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I have mentioned my Minimum Target and Maximum Target.

127% is my minimum target (2175)
261% is my maximum target (2377)
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ALL TIME HIGH

Hahahahaha Yes .....
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Two and half hour still need to complete for a retest of actual BREAKOUT.

Finger Crossed.
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Your Setup, your risk and your patience all will help you to make money.
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Remember our minimum target is 127% of Fibonacci Retracement (2175)

And we are in long position from 1990

May Allah bless you all.

I have already told about the completion of FLAT CORRECTION in below post.

Flat Correction is Over (Wave theory)
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Minimum Target Hit.

Alhamdulillah ...

Next target 2225
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2225 hit
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next 2243
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And it hits 2243
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Trust me or hate me

This is where I can see Gold in longer term
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Gold Zigzag Correction Impulse C has started (Wave Analysis)


Update of the current correction.
mamnunamalik
Also on:
Wave Analysis

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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.
Wave Analysis
mamnunamalik
Also on:

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.