Gold can go for more fall...
Hi all,
Hope everyone are doing great.
As we can see that Gold international is in correction phase.
Since it is in a triangular correction phase pending wave Z is not yet done.
Expecting Gold to complete the wave Z and resume the down trend.
On Weekly chart too we see rejection from 2000 level.
Enter as per your risk and reward calculations.
SL for pattern is 2012.
Short term = Up
Long term = Down
Stay safe and trade safe.
Note: The above is not a trade recommendation. Consult your financial advisor before taking any.
Hope everyone are doing great.
As we can see that Gold international is in correction phase.
Since it is in a triangular correction phase pending wave Z is not yet done.
Expecting Gold to complete the wave Z and resume the down trend.
On Weekly chart too we see rejection from 2000 level.
Enter as per your risk and reward calculations.
SL for pattern is 2012.
Short term = Up
Long term = Down
Stay safe and trade safe.
Note: The above is not a trade recommendation. Consult your financial advisor before taking any.
Not
SL is hit.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.