Gold may have a ABC correction, then go down.
We can see the wave 4 was formed and toward to wave 5
The first target is 1900, FVG1
The second target is 1936 FVG2
We can see the wave 4 was formed and toward to wave 5
The first target is 1900, FVG1
The second target is 1936 FVG2
Note
DXY - 8HCompare with Gold
Note
Alternative scenario, it may have Bullish Flag Pattern, formed sub wave 4, then move lower a bit.
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Take your trading to the next level with my expert forex chart analysis.
🟢Funding Investment Management:
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t.me/BlueCaptials_Bot
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t.me/blue_captials
🔴Contact:
t.me/BlueCaptials_Bot
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.