the_sunship

Possible B wave complete on Gold

Short
the_sunship Mis à jour   
OANDA:XAUUSD   Or / Dollar Américain
Didn't see this possibility until last night.

Daily/weekly bear divergence + resistance at upper channel tells me this expanded flat may be playing out.

After C is complete we should have another large impulse up.

Good luck!

Commentaire:
Gold/Silver ratio indicates Silver may fall more than Gold (percentage - wise)
Commentaire:
looks like one more higher high to complete the channel
Commentaire:
Channel break on Gold
Commentaire:
really needs to get under 1700 to confirm change of trend
Commentaire:
Broke channel, may retest it before going lower. If it gets solidly above the channel again, expect more upside
Commentaire:
Lower Channel trendline would be the Head and shoulders target for gold - around 1600

Idées en relation

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