As our chart shows, its fun to find out CHANNEL ABC could always give us the direction of the trend.
Now in this 4H chart for gold, its easy to find out that more up is coming for gold as long as the blue channel is not finished.
Blue channel abc is the wave 3 of the yellow channel , still inside the yellow channel now. But gold could break it up a little b further if gold all goes well. To me , this is a high possibility in April.
So now, at the end of March, gold made its choice by a strong green candle. Long gold for a mid term wth to up to 1290-1300.
Less is more!
Yorum
Yorum
Yorum
retest of the channel.
Yorum
is the new channel abc going to finish and a new H&S coming?
Yorum
lets check next 4H.
Yorum
Yorum
we have two possibilities for gold to go .
İşlem aktif
we closed the long trade. and short again.
Yorum
Yorum
Yorum
this time I want to see a 5waves- trend.
Yorum
Yorum
if gold cant make a higher position today, we will see its fall from today till next week.
Yorum
Yorum
plan 1: gold cant get higher than 1260 drop down to 1235-1220 zone go long again.
plan 2: gold get a fake breakthrough up tp 1280 (EXT FIBO 127) go short then drop down to 1240.
anyway, gold is really fragile on the top. WATCH OUT!
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.