Gold Wave 5 Bull Complete?! (Update)
Gold is still in its Wave 5 bullish run, hence the extreme bullish momentum. However, if you zoom out on the 4H chart you'll see that the current high isn't extremely far away from our October (Wave 3) high, which peaked at $2,790. We are waiting for momentum to slow down & show a shift in market structure.
🔴AT THE MOST EXTREME, Wave 5 can push up towards $2,868 - $2,883🔴
🔴AT THE MOST EXTREME, Wave 5 can push up towards $2,868 - $2,883🔴
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TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
t.me/XTBCAPITAL
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.