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GOLD BULLISH TO $2,706 (1H UPDATE)

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If you lot remember on my last analysis I said I see 2 options for Gold, on how it'll move up towards $2,700. One option was it carries on moving up slowly from CMP towards $2,7000 & the other option was to see a 3 Sub-Wave correction towards$2,600 - $2,590. This'll then be followed by Wave V to the upside.

Right now I am leaning more towards option 2 & waiting for a downside retracement (Wave 4) before buying. This Wave 4 will liquidate all late buyers & trap new sellers, before Gold moves up again.
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Gold has reached our buying POI. Great price to long the market!

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.