Gold is trades in 5th impulse wave and may reach a support area
Hello traders, I want share with you my opinion about Gold. I decided to update the previous idea for you. The graph shows how the Gold completed the 4th correction wave and continue to decline, forming a 5th impulse wave. Following my previous opinion, I expect that price to continue to fall and complete the 5th impulse wave in the support area. We can also see how the price tested the resistance line, from which it begin to decline.Therefore, first target can be set at support level1820 and next target can be set in the support area 1800-1795. Please share this idea with your friends and click Boost🚀
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🔷Join my telegram channel for free - bit.ly/4g4wovR
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
Related publications
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.