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GOLD - Tracking Minor Waves - Looking For A Re-Entry?
Gold Spot / U.S. Dollar
Long
GOLD - Tracking Minor Waves - Looking For A Re-Entry?
By AriasWave
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Jan 5, 2021
8
Jan 5, 2021
Yes we are already in this trade (see related ideas below) however if you are not then this might be of interest.
Just looking into the waves at small degree I found some interesting things going on with Wave 2 of this move.
At the open on Monday, Wave 2 expanded to the upside which indicates some major strength behind this move.
I would say these levels hold potential significance.
Entry: $1946
Stop: $1929
Target: $2300
Let's see what happens next.
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goldanalysis
goldlongsetup
Wave Analysis
AriasWave
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