Gold is moving in proper momentum to the upside. We may push to test 2700 to finish off this wave 3. After that expect a correction for wave 4. This correction will be a perfect place to hunt for a buy that will take us for a final leg up.
Trade active
Stop loss or invalidation at 2639Trade closed: stop reached
Gold is going for ending diagonal in the wave C. We may see lower prices and somewhere in the range of 2625-2635 there will be good place to buy:Trade active
Assuming the pattern is complete and Wave 4 is complete.
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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.