Extended Trend On Gold
4 hour chart is entering the 7th wave
1 hour chart is entering the 11th wave
15 min chart is inside of the 4 hour supply zone (market edge.
We might get a double top or a retest of this area and a deep pullback to 2152.8. At this point the 1 hour trend will recalculate.
However if price follows the 4 hour pullback then we could see a drop all the way to 2095.
1 hour chart is entering the 11th wave
15 min chart is inside of the 4 hour supply zone (market edge.
We might get a double top or a retest of this area and a deep pullback to 2152.8. At this point the 1 hour trend will recalculate.
However if price follows the 4 hour pullback then we could see a drop all the way to 2095.
Chris Juliano
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