XAUUSD
Updated
I still believe that even though Gold went for an extended ABC correction for 4th wave, I'm still expecting a 5th wave with TP1 placed on the support level and TP2 on 1.27 fib extension.
Find yourself better entry points on smaller time frames
Trade carefully
Find yourself better entry points on smaller time frames
Trade carefully
Note
We started off a good downtrend as predicted the larger move will not be as direct and as sharp directly right off the break of the channel.Note
Most likely gold will consolidate outside the Channel following the breakout before continuing the trend. that trade would an all time home run.
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