BBsTrading

BBsTrading

XAU perfectly respected the support which was made on the Elliott wave 1-4-A. It also broke the counter trend line support of 2-4, which means B has the probability to test this as a resistance. If this resistance is respected I expect a further decrease in the gold price. At 2752 I expect a reversal to get the second leg of the Elliott wave. There is a...

BBsTrading

There is a chance that we will see a reversal because of the breakout and retest. Stimulus will help us go down. DON'T BUY THE NEWS, SELL THE NEWS IT IS!