Gold EW waves and ABCD The key support position is 1244. If it has strong support. Gold will go to the D position(wave 3 of big EW, wave 5 of small EW).
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Let's see if 1240 will hold or not for the bulls.
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If the EW drawing is correct, I would expect a spike up around 1240.
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If 1240 area cannot hold, it will be bearish and the next target is 1228.
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1244 seems to be holding
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1244 will not hold, need to check the support around 1240.
Emir iptal
1240 area is breached. Next target is 1228 area.
Not
If closing above 1244, there is still a hope for the bull trend.
İşlem aktif
Wahaha... Bull Trend confirmed.
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1244 area will be re-tested for confirming the bull trend and for more bulls to join
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Looks bearish to me.
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If gold shoots up like yesterday, double bottom support would confirm the bullish trend.
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good, long pin. And the gold bears have reached their target.
İşlem elle kapatılmış
It's a bear trend. Target 1228.
İşlem aktif
I don't know what to say, gold is full of surprise.
Not
Let's see if close price can be 1244 or not. Still looks bearish.
İşlem elle kapatılmış
Bull is done for now. Let's the support at 122x area.
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