GOLD WEEKLY UPDATES
Updated
Previous Idea has 2 scenarios, price moves toward 40% retracement since the momentum from 1810$.
Now price might consolidating to move higher or it will not react the 40% retracement.
Where do you think price reacts? the golden 50 or institutional 78?
My view base only on 40%.
if price no reactions on that zone then we might see price goes lower than the monthly lows of 1810.
This is not a financial advice.
Follow for more.
Trade at your own peril.
Now my ideas has 2 scenarios so that you have your own opinions and trade at your own.
Now price might consolidating to move higher or it will not react the 40% retracement.
Where do you think price reacts? the golden 50 or institutional 78?
My view base only on 40%.
if price no reactions on that zone then we might see price goes lower than the monthly lows of 1810.
This is not a financial advice.
Follow for more.
Trade at your own peril.
Now my ideas has 2 scenarios so that you have your own opinions and trade at your own.
Comment
Target 1 done. 460pips. since this posted.We already at 40%. if only price has momentum we might see 2000$ GOLD again.
if price decline the previous 40% low must be cleared then were heading at buyzone 1910-1920 zone.
This is not a financial advice.
I will post weekly updates on GOLD.
Lets see what is the remaining thursday and friday candle.
Keep updated for nextweek moves on GOLD.
For Swing traders follow for more.
Trade closed: target reached
CLOSING this idea. Wait for next week updates.Im waiting for the friday candle to form.
analyzing it next week moves.
Follow for more.
This is not a financial advice.
trade always at your own risk
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