XAUCHF SELLBecause of the third wave wave third son, the first five waves no longer extend, the third wave has ended, and start the fourth wave of correction, because the second wave is a platform, the fourth wave of zigzag type or platform, the third wave of $23, so the fourth wave of the first target for 1856, the next target for 1842, the third goal for 1830, Determine the final target position by looking at whether the first sub-wave of the fourth wave is 5 or 3.
XAUCHF trade ideas
#GOLD it is the time for a little rest and correctionNow we are at the historical resistance to the Gold vs Swiss franc
at the peak of The 2008 financial crisis
I think it will work a little bit to stop the bullish run and it will give a chance to re-enter the market after the correction
it is the time to close your buy positions and lock your profits
XAUCHFIdea: XAUCHF has hit 4hr Fibonacci as support & could possibly hold today's move up to retest the moving average.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
XAUCHF Idea: XAUCHF possible long.
Cons: Bottom needs to hold. Continued downtrend confirmed at 1238.676
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.