While I'm bullish about Gold long term, I'm counting a triple zig zag WXYXZ that needs to play out. The recent push up touches the 1.276 extension perfectly at the .786 retrace. From here I see price consolidating towards 1400 before resuming the uptrend.
I know a lot of people think Gold has broken upwards, but I think they'll be caught out. It's a game of patience however, and if you hold your longs you'll be fine in the long run. But for me, it's a good low risk place for a short.
Merry Christmas and wishing you a prosperous 2020.
I know a lot of people think Gold has broken upwards, but I think they'll be caught out. It's a game of patience however, and if you hold your longs you'll be fine in the long run. But for me, it's a good low risk place for a short.
Merry Christmas and wishing you a prosperous 2020.
Not
A little bit of sideways action today, but I think there is potential for one last push up. I've described my alternate count in the latest idea 
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.