Gold Short on Weekly Wave Z

Updated

Gold is completing the cycle of WXYXZ on weekly Timeframe there will be an opportunity to short at the completion of Wave Z

Note

Gold has almost reach the designated rejection area please filter the possible reversal pattern at lower timeframe once the area is reached

Note

Gold has reached 1555 and has start to show a reversal sign by forming a shooting star pattern on weekly candle. Looking for opportunity to reentry sell on daily chart.

NubisTrader

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