2204 4h Plan Gold to sell from pressure zone
Updated
Hello traders
GOLD yesterday Wednesday, gold seems like pushing price to finish a final wave on this 4h chart. Don’t forget this pressure line on 4h chart. By this line, it make gold’s last impulse leg so short and very easy to be pressured from there.
And if you check it like this three arrows , you can understand what I am talking about. Each arrow or impulse leg on also has their lower level five waves inside. And after such long-term five-wave swing, gold is possible to pull down for a deep correction. All those supports are still above fibo 50 on daily swing.
So nothing is impossible. Go back to 4h chart, plan on gold today is waiting for confirming signal to sell for a potential RR >5 by targeting support 4 position. After that, maybe next week we could plan to buy on those support zone.
Good luck!!
Dont forget to support me with likes or comment down there.
LESS IS MORE!
GOLD yesterday Wednesday, gold seems like pushing price to finish a final wave on this 4h chart. Don’t forget this pressure line on 4h chart. By this line, it make gold’s last impulse leg so short and very easy to be pressured from there.
And if you check it like this three arrows , you can understand what I am talking about. Each arrow or impulse leg on also has their lower level five waves inside. And after such long-term five-wave swing, gold is possible to pull down for a deep correction. All those supports are still above fibo 50 on daily swing.
So nothing is impossible. Go back to 4h chart, plan on gold today is waiting for confirming signal to sell for a potential RR >5 by targeting support 4 position. After that, maybe next week we could plan to buy on those support zone.
Good luck!!
Dont forget to support me with likes or comment down there.
LESS IS MORE!
Note
New video on Gold. 
专注黄金和原油
七周年庆，免费入群微信小红圈（首季度），每日更新追踪交易计划，微信联系咨询： ziyuvera
red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
七周年庆，免费入群微信小红圈（首季度），每日更新追踪交易计划，微信联系咨询： ziyuvera
red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
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