After a huge sell-off, Gold will be down for the 5th wave
Gold has recently vaulted to record highs, driven by hopes that US lawmakers will approve another trillion-dollar stimulus bill to cushion the economic impact of the coronavirus pandemic. as far as this bill is not signed we won't see a spike up in the prices of gold.
Technically WT principles clearly indicate more downside is left with momentum between waves 1 & 3 has no divergence. suggesting one more impulse to the downside is left.
Support the idea for motivating me to post accurate trade setups.
Technically WT principles clearly indicate more downside is left with momentum between waves 1 & 3 has no divergence. suggesting one more impulse to the downside is left.
Support the idea for motivating me to post accurate trade setups.
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