ElliottWaveBelgium

Gold - One more push higher before falling ?

Short
ElliottWaveBelgium Aktualisiert   
TVC:GOLD   GOLD CFD's (US$ / OZ)
We got a somewhat impulsive wave down as potential wave A/1 and stayed in this range since last Week.
I think this correction is not yet over and we should see one more push higher first before considering to short this.

Resistance can be found around 1530.
Kommentar:
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Kommentar:
We're at the sweetspot now but let's not get ahead of ourselves here.
It's best to wait for market to give us a sign of reversal first.
Kommentar:
One more small push higher before sell off ?
Kommentar:
We just got a perfect touch of this support zone and we're seeing a big reversal candle now
Kommentar:
! I Don't think it's a good idea to love bulls just yet !

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