One more push for gold

12 mai 2021

You can see how price moved to the measured move of the double bottom and got rejected at the supply zone. You can also see the 123 waves have played out. Look for wave 4 to retrace to some where between 1800 and 1815. then look for a long to 1850/60 which would be wave 5 and would run to where price intersects the downtrend line from the highs and a supply zone.

13 mai 2021

Commentaire

You can see how price bounce right at the demand zone. Your entry would have been at the piercing pattern candle stick.