Hello Traders, Looks like we have started wave 3 for gold and it went pretty quick to end at wave 4 which should be at 1440, I would long at 1440 until 1480-1490 max! TRADE SAFE
I short gold more around this It should form small triangle to drop in next session if it breaks red line will cut small loss and find to sell again on top
We got rejected from the long, time to change Bias. Trade safe :)
Bearish confirmation from Monthly close. detail in chart
After buy idea and stop out . Gold can't break up now retest and time for Short. Risk is red line
I just wake up and check close price it is lower than 1530 zone and clear for sell on rally from it break zone and Double top formation. Now 1527 we should wait till market open and see if can not back to 1530+ we will sell on rally ( if open and back to 1530+ , This idea will be invalid ) TP 1523 TP 1516 TP 1504 or lower must check chart if hit there again...