XAUUSD: now is back to PLAN A after plan B failed

Traders,

We had two plans on gold in the middle of MAY.
But later we were trying to follow plan B which has stop loss hit already.
And the plan A is working well.
Gold has made a small range wave 2 for the last month.
The yellow zone is now confirmed as wave 2 on daily chart now.
A strong red candlesticks make the first wave of wave 3.
So now we have a clear channel to follow. And this is hoping to get plan A finished at the bottom blue zone.

Less is more!

Yorum:

Yorum:

On the 4H chart, will see a D to be hit first.