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harshjapee
3. Jan. 2018 15:46

Gold completes an Expanded Flat - Look Lower  Short

GoldOANDA

Beschreibung

Gold finally completes an expanded flat, a probable alternate discussed in December 2017. The metal being broadly in a multi year triangle, is carving out wave D lower which completes at 1200 levels at least. If the triangle count holds true, prices will remain broadly below 1357 levels and continue into wave (C) towards 1200 levels. Trading point of view, look to remain short, with stop above today's high, target 1200.

Good luck! and A Happy New Year To All!

Harsh Japee
Kommentare
No_structure
WRONG WRONG! 80 % of traders are WRONG! We are at the bottom in precious metal market. Good to see chart like this. lol.
Parabolica
This is another bearish alternative

My plan B

s3.amazonaws.com/tradingview/snapshots/s/SHJVXtqu.png
harshjapee
@Parabolica, Very much possible Sir
Parabolica
Thank you, I did this earlier today... s3.amazonaws.com/tradingview/snapshots/w/WGP6Iboc.png

As a plan C, however your wave A of wave (B) does not have a distinguished 2 waves structure... (nor does mine).
harshjapee
@Parabolica, Thank you for the insight here.
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