Hello traders,
Gold price rejected $2000 again on Friday session. Until next week, we could see the price start rally again to wave 3.
Alternatively the price could continue the correction move to 1958-1975 area or 1888-1934 area as shown on below chart
https://www.tradingview.com/x/sJObLxun/
https://www.tradingview.com/x/ygnBbcA7/
Gold price rejected $2000 again on Friday session. Until next week, we could see the price start rally again to wave 3.
Alternatively the price could continue the correction move to 1958-1975 area or 1888-1934 area as shown on below chart
https://www.tradingview.com/x/sJObLxun/
https://www.tradingview.com/x/ygnBbcA7/
Trade active
Looks like wave 1-2 has taken place and we are in the beginning of wave 3. I will take a long position with SL below 1934.https://www.tradingview.com/x/9PPhyI8O/
Trade active
A bit of update from previous trade. Gold is moving up and down for a while and i expect the price to keep moving in a triangle correction. Invalidation still the same below 1934.https://www.tradingview.com/x/vuRSIuPg/
Trade closed manually
Almost hit the target but i will close this trade at 2050
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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.