Gold retraced back to the bottom of the rising channel and rebounded a little bit. Pay attention to whether it will break the rising channel or continue going up.
Good luck for everyone!
交易开始
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Gold breaks out of the decline channel and confirms a bull flag!
交易手动结束
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I closed longs.
评论
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Gold is still bullish. Pay attention to the resistance at 1353 which is a neckline. If it breaks, it will go to the previous high!
thanks for share .....you are very good elliot player.....
blessings
zhipengcfel
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Thanks very much! There is one problem with elliott wave is that it has many alternative counts, so we need the market to tell us which one is correct.
deepen
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buy @ 1313 nd start wave 2 up till /13471357 then wave 3 down start mi right ........?
deepen
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buy @ 1313 nd start wave 2 up till /13471357 then wave 3 down start mi right ........?
RogerS
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But you still expecting to reach the DCL (C) after this last leg up, don't you ? Maybe is all up to FOMC meeting today.
blessings