Gold - UniverseMetta - Analysis
#Gold - UniverseMetta - Analysis
Sell from breaking the trend line 2416 - private idea
The price has updated the ATH, a local rebound to the levels of 2290 is possible. For a more confident entry, you can wait until the 1st wave is fixed or broken to implement a 3-wave structure. Also, the price can update the ATH again and only then begin a correction. Now we can consider the entry point 1:3.
In the short term, we expect a fall to the levels of 2360.
To cancel the idea, you can consider levels 2430-2450.
Target 2360 - 2290
Sell from breaking the trend line 2416 - private idea
The price has updated the ATH, a local rebound to the levels of 2290 is possible. For a more confident entry, you can wait until the 1st wave is fixed or broken to implement a 3-wave structure. Also, the price can update the ATH again and only then begin a correction. Now we can consider the entry point 1:3.
In the short term, we expect a fall to the levels of 2360.
To cancel the idea, you can consider levels 2430-2450.
Target 2360 - 2290
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