Gold short term
Updated
Longed at 1325.
Gold in a Triple combo wave WXYXZ (abc, abc, abc)
Volume anomaly on last drop.
Nice volatility, I expect a good retracement from here (78.6 fib).
This is short term, Nice Risk/Reward ratio. Huge volume support at 1319.
If I spot this rolling over, i'll manage the stop accordingly.
Gold in a Triple combo wave WXYXZ (abc, abc, abc)
Volume anomaly on last drop.
Nice volatility, I expect a good retracement from here (78.6 fib).
This is short term, Nice Risk/Reward ratio. Huge volume support at 1319.
If I spot this rolling over, i'll manage the stop accordingly.
Trade closed manually
Closed all my trades on profit. I'm looking at stock markets. If they rollover we'll see liquidations and therefore dxy rising hurting gold at first.I'll take a sit back and watch while the shorts on stocks evolve.
Cheers
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