$GOLD formerly #ABX fib and bullish DW
Updated
GOLD ending a descending wedge. Quite tight, but you can see a completed five waves, and we are right on a 61.8% fib, or a closer 50% fib. I suggest waiting for one more touch of the 61.8% with a stop under the other one for a 7.8:1 trade.I wish they would remove that ticker GOLD it plays hell with the CFD market. I thought when Randgold was bought it would disappear.
Comment
Correct view, but missed my entry!!Order cancelled
Entry miles away now, calling it a day.Comment
Textbook, but didn't fill the low.
David Atherton
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