Idea for GOLD on 4th May 2023
Updated
From FOMC yesterday, swept the BSL, then price rejected the supply zone, I suppose that the wave 5 was completed
Now I expect to the price down to H1 OB, then pullback to orange zone, expect to catch this bullish trend around 2044 level
Now I expect to the price down to H1 OB, then pullback to orange zone, expect to catch this bullish trend around 2044 level
Note
When the price hit 2045(orange zone), only give us 150 pips onlyNow it may change to bullish target to 2076 level.
Note
Expected movement.
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