anilmangal

Gold 240 trading "The Path of Least Resistance"

Long
FX:XAUUSD   Or / Dollar Américain
116
Gold is in a daily corrective structure ,making a leg to the up side .
This 240 up move has so far made two impulse and seems to be in a correction now,
I will wait for the correction to finish (if is a correction ) and then take the trade in the direction of the trend ,buying the next impulse off the 618 fib if the correction has a 3 wave pattern or on a break out if the correction is a triangle .

I like to go with the fast impulse and not the correction which could put you on a roller coaster and never get to your target if you are in the trade.
Thank you for your AMAZING SUPPORT !! I very much appreciate it and please keep LIKING and commenting !

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.