Reasons to sell
A correction pattern according to Elliot wave theory has been counted vividly as shown on the chart
We also have a complete harmonic pattern at the 50% fib. level of the whole impulse swing.
Expecting Gold to fall for Wave 3 or wave C as long as the invalidation level is not broken
Therefore we are trading either wave 4 correction or we are trading anew impulse wave
Write in the comments all your questions and any instruments you want me to analyze .
Kindly push the like button if you think the idea is useful - that would be the best THANK YOU.
Thank you.
A correction pattern according to Elliot wave theory has been counted vividly as shown on the chart
We also have a complete harmonic pattern at the 50% fib. level of the whole impulse swing.
Expecting Gold to fall for Wave 3 or wave C as long as the invalidation level is not broken
Therefore we are trading either wave 4 correction or we are trading anew impulse wave
Write in the comments all your questions and any instruments you want me to analyze .
Kindly push the like button if you think the idea is useful - that would be the best THANK YOU.
Thank you.
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Gold @ NICE ENTRY POINT NOW
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.