Currently, the price reject at fibs of 50%, the channel top to complete the wave B, Let's wait for a pullback to catch wave C
Expect the price to sweep the swing low, then touch H4 OB, then have a pullback.
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Gold next move possibly
at the top, there are EQH there, it might be a BSL, and we are looking at around 1972 level to sell it.
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Update Elliott Wave Chart
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Gold another scenario, and we wait after FOMC and see how it works.
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Gold another scenario for SMC concept
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Nice shot for chaching wave 3 entry
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It's almost close to the order block, it might have a small pullback
Patience - A Key To Success in Trading
⏱️ A few days ago, we predicted a correction and then a drop in GOLD. Today, it's happening just like we said. But, sadly, many traders are losing money. Why? They're not patient enough.
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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.