$GOLD formerly #ABX fib and bullish DW

$GOLD ending a descending wedge. Quite tight, but you can see a completed five waves, and we are right on a 61.8% fib, or a closer 50% fib. I suggest waiting for one more touch of the 61.8% with a stop under the other one for a 7.8:1 trade.

I wish they would remove that ticker GOLD it plays hell with the CFD market. I thought when Randgold was bought it would disappear.

Kommentar:

Correct view, but missed my entry!!

Order storniert:

Entry miles away now, calling it a day.

Kommentar:

Textbook, but didn't fill the low.