Personally , i do not like to include certain price target on my chart because it will negatively influence your overall trading in long term. Just pay attention on these important fibonacci price level showed on the chart, especially for the area that those price level clustered. Good luck on your trade!
Elliott wave and magic fibonacci will support my ideas in the future. GOOD LUCK TO ALL TRADERS!
1. Technically, it is c wave of possible zigzag correction. 2.Us government will support the weaker dollar, which is good for the current US economy condition. 3.Trump will help gold.
1.IF the price break the nearest red zone, i will enter long position of usoil and the target is the green zone. 2. The nearest red zone also could sever as resistant zone. The probability, in my opinion, is quite low.
Wait until the price enter the green zone, which is 1288-1292, set stop loss 1 tick at 1295, the 1st target is 1271.5
Wave five is ending diagonal, it then followed by a sharp 5 sub-wave correction. The current market is in B wave which correct previous wave A, I don't recommend to enter B wave, we should watch carefully and anticipate c wave.
Gold could undergo the correction phase, i would not recommend to open any position at this time. We need the patiently wait next stronger impulse wave and ride with it.
Gold enters the correction phase, possible the c wave. Price could move down reach the the target at price range between 1247-1249.
Patient wait the price come to around 2.455, set the stop loss below A, and start to long!
DXY WEEKLY IS STILL BULLISH & 100.21 IS WORTH TO PAY ATTENTION
Trend follower: the projected d1 is 108.43, wait to be proved