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08272018 Shorting Gold - Harmonic Elliott Wave Candlestick
Gold Spot / U.S. Dollar
Short
08272018 Shorting Gold - Harmonic Elliott Wave Candlestick
By Adongdong
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Updated
Sep 4, 2018
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Aug 28, 2018
(1) Series of Motive Waves have now completed. We see strong reversal candle pattern has formed from major resistance level .
(2) 1st TP is as usual as regular harmonic . - 2nd TP, upon breaking major trend line , we are going for Butterfly PRZ
(3) Also refer to DXY 0.12% on its currrent chart (
tradingview.com/chart/DXY/2RDVcxYn-08272018-DXY-Price-Action-Analysis-Short-term/)
as it has shown strength at trend upcurve.
Sep 4, 2018
Note
First target reached
Chart Patterns
DXY
GC1! (Gold Futures)
Harmonic Patterns
Trend Analysis
XAUUSD
Adongdong
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