So I was very bullish on gold and in long term I am still bullish. After these 2 days of drop, it is clear now that wave C of 2 in on move. Normally when price break a triangle it has to retest the consolidation. Gold is doing this right now. My opinion is, the price will go to 1850-1860 where is Fibonacci confluence is, test the triangle, finish the correction and then go UP.
Normally after retest of the triangle price goes very rapidly. Same move is expected to wave 3 ( the strongest of the impuls ). And price need power to break the Wyckoff range. So this make me more sure that gold will go UP.
Normally after retest of the triangle price goes very rapidly. Same move is expected to wave 3 ( the strongest of the impuls ). And price need power to break the Wyckoff range. So this make me more sure that gold will go UP.
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-Macroeconomics
-Market manipulation
-Liquidity calculation
-Economic and price action indicators
-MTF Pivot points
*Fundamental analysis
*Technical analys
*Quantitative analysis
Free group:
t.me/serpentforexclub