Hello traders.
Gold came down and break the trend line. Wait for a correction before selling it. Down move potential is huge. My target is the completion of weekly regular flat corrective structure. As long as the price of gold stays below 1375, my target will be around 1100. Please look at the related idea to see more details.
Gold came down and break the trend line. Wait for a correction before selling it. Down move potential is huge. My target is the completion of weekly regular flat corrective structure. As long as the price of gold stays below 1375, my target will be around 1100. Please look at the related idea to see more details.
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Even if the same size X and Z waves are possible, they are optional waves. I'm waiting for a correction to take short trade. But at this point, I can't see any trade setup.
