On 4 Hour chart Gold has started to go up , on the 15 minute chart it has yet to complete last two sub waves of the triangle of the combination correction. The support lies at 1187 , the potential target is 1255. The structure expected ahead is a zigzag. This is an amazing trade with about 1:5 loss to profit ratio. Hope this helps you.Thanks
Kommentar:
Gold is going to retest 1187, gold is forming a triangle in 15 minute chart as wave 4 of an ending diagonal, please adjust your trade accordingly.
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Kommentar:
I am re starting this trade setup , the small degree ending diagonal seems to be over , found resistance at channel line. The initial target is 1210, price action will lead us in case bulls get really strong.