Gold is about to finish the triangle 4th with a smaller triangle on the E. Expecting a huge bounce after mid May.
Alternatively its a normal ABC for the E and it has already bounced.
Potential target by the end of this year (approx).
Alternatively its a normal ABC for the E and it has already bounced.
Potential target by the end of this year (approx).
Note
Note
Potential very deep 2nd wave retracement, if this pivot holds its very bullish.Note
Borderline acceptable but it should turn around here, hopefully.Trade closed: stop reached
Very close to invalidation, I have to rethink this. Will post another idea in the future.
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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.