ozzforex

ozzforex

In the previous analysis, we expected gold to form a corrective pattern w, x, y But now it has become clear that this will not happen, that the correction has ended, and that gold is preparing to rise strongly

ozzforex

Pay attention to the gold If gold does not close above 2688, it will always be strongly negative. Remember this chart well before entering into any deal

ozzforex

Gold analysis: We expect gold to complete the last upward wave, which is around 2858, higher or slightly lower Now we have the first ascending wave. We expect a correction of 50% of the recent rise at OB Or a little less to take the liquidity, then rise strongly throughout the month of December

ozzforex

gold analysis update ,clearly we are in the end of the long up trend , if you count the waves you will see that we are in last of wave 5 of big 5 so we simply expect the beginning of the long correction wave between October and middle of December

ozzforex

as i mentioned before at my page the eurusd is on long trend we at the first motive wave so it will be very long long journey to ride

ozzforex

last time we said gold is in up trend we just started wave 3 of 3 , so we expect uptrend next week and hall next month

ozzforex

GOLD is long , now we well back to the up trend scenario ,i believe we are just finished the second wave of the third bullish wave ,so we well start wave three of three which well be long bullish wave

ozzforex

GOLD second scenario ,SINCE the price is reach 1.414% of fibo retracement and this is very powerful reversal level so we can expect a reversal strong downtrend from this levels , we must be very careful in our trading i dont enter against the trend

ozzforex

gold might have long trend ,we suppose that the last downtrend was the correction of wave 2 ?<so we have to complete the trend

ozzforex

this little update of my last about gold next movement

ozzforex

now gold is at down trend then we have next big down movement coming up

ozzforex

GOLD SHORT , for correction then we back to up trend

ozzforex

gold still have short wave ,this good price to sell gold

ozzforex

if this was wave x so we have correction short wave

ozzforex

clearly we have chance of short position to sell gold

ozzforex Updated 

now i think there is no any other direction to gold only short

ozzforex

short term to complete triangle E wave , now we have complex correction at gold

ozzforex

For small time fram we have signal of long but for short periods of time, I believe that we have still short wave. We will see what will happen