Xauusd (Channeling to target wave 5)
We’re currently looking at Gold on the monthly timeframe and trying to determine the end of the bullish trend.
Projected price in the target zone for wave 5 is @2800 price point
For reversal:
Will like to see the divergence between waves 3&5 and a change in direction of the current momentum. And also chart patterns like rising wedge, double or triple tops and basically candlestick reversal patterns.
*We’re super bullish so only look to buy dips.*
Projected price in the target zone for wave 5 is @2800 price point
For reversal:
Will like to see the divergence between waves 3&5 and a change in direction of the current momentum. And also chart patterns like rising wedge, double or triple tops and basically candlestick reversal patterns.
*We’re super bullish so only look to buy dips.*
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