Or / Dollar AméricainMis à jour GOLD - SHORTS Until FED ⚡️
In our previous analysis, we were looking for a correction to enter shorts on Gold back down to the 1680 level where we have the completion of the higher timeframe pattern.
It's likely that we'll see a 5 wave motive wave back down to the 1680 level. We just finished wave 2 and currently on wave 3 (which is often the biggest wave).
See below for the VIP setup on Gold:
On lower timeframe we were in a 5-3-5 ABC correction. Due to the news events, there was a lot of volatility spikes which was difficult to filter but higher timeframe was clearer. See the above setup for the 3-5-3 correction.
All we have to do now is look for corrections and enter until the 1680 level.
Goodluck and as always, trade safe!
It's likely that we'll see a 5 wave motive wave back down to the 1680 level. We just finished wave 2 and currently on wave 3 (which is often the biggest wave).
See below for the VIP setup on Gold:
On lower timeframe we were in a 5-3-5 ABC correction. Due to the news events, there was a lot of volatility spikes which was difficult to filter but higher timeframe was clearer. See the above setup for the 3-5-3 correction.
All we have to do now is look for corrections and enter until the 1680 level.
Goodluck and as always, trade safe!
Note
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.