GOLD (XAUUSD) is ready to resume SELL
Reasons to sell
A correction pattern according to Elliot wave theory has been counted vividly as shown on the chart
We also have a complete harmonic pattern at the 50% fib. level of the whole impulse swing.
Expecting Gold to fall for Wave 3 or wave C as long as the invalidation level is not broken
Therefore we are trading either wave 4 correction or we are trading anew impulse wave
Write in the comments all your questions and any instruments you want me to analyze .
Kindly push the like button if you think the idea is useful - that would be the best THANK YOU.
Thank you.
A correction pattern according to Elliot wave theory has been counted vividly as shown on the chart
We also have a complete harmonic pattern at the 50% fib. level of the whole impulse swing.
Expecting Gold to fall for Wave 3 or wave C as long as the invalidation level is not broken
Therefore we are trading either wave 4 correction or we are trading anew impulse wave
Write in the comments all your questions and any instruments you want me to analyze .
Kindly push the like button if you think the idea is useful - that would be the best THANK YOU.
Thank you.
Transaction en cours
Gold @ NICE ENTRY POINT NOW
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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.
Publications connexes
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.