Gold has broken out of the ending diagonal (click on the chart pinned) and it has made an up impulse. It is in correction which might have finished as an abc expanding flat, so this impulse up could be the start of the next daily impulse. We are in buys on the 4 hr but expect a correction to come soon which would confirm the up trend.
Trade with care. Thank you for your support.
Kommentar
⋅
4hr view.
Kommentar
⋅
Seems like gold is making a higher degree correction as expected, nothing new under the sun.
According to this chat, do you suggest wave (B) is completed and wave (C) started?
DipenBarot
⋅
update ur vnew in gold for trading
anilmangal
⋅
All updating for the past two weeks are done in the free webinars, log on tomorrow , link is in my profile .
nahidik
⋅
Brexit withstanding here is my take on the near future.
FUNTRADER-Vera
⋅
Couldnt agree more.
Thank you, buddy!
Walentine
⋅
thank you!
armanitrades-mhc
⋅
Could that possibly be a killer c wave emerging? looks like a head and shoulders as well if im not wrong
JayM
⋅
Look at the pattern for past years; Gold was bearish after the rally in June and it didn't make any new heighs. I hope the same will happen this year too.