Hi traders, gold is making correction for possible continuation to the downside, i expect one more push to the upside to complete that bearish flag. I will be looking for possible entries at fib 0.618 around 1875 area, if price wont stop there it might push higher to 1890 fib 0.786. I want to see 4h zero cross over on macd so i hope that with this incoming C wave price will gain bearish momentum.
Note
Gold is pushing higher, watch it to break previus high at 1863.
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.
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.