GOLD - Wave A formed, let's catch that B wave
5 impulse wave formed. A correction wave is probably formed, lets catch that B wave. Here is my setup. R:R is 2.41.
It think it have strength to go to the golden pocket.
Golden pocket is between 0.618 - 0.65 Fib.
I think there it will found resistance. If yes, then i think my theory is correct and that will be B wave, and expecting downtrend to golden pocket in macro level ~1242$, to finish that C wave.
If you like my analysis please hit that like and follow button. Thanks!
It think it have strength to go to the golden pocket.
Golden pocket is between 0.618 - 0.65 Fib.
I think there it will found resistance. If yes, then i think my theory is correct and that will be B wave, and expecting downtrend to golden pocket in macro level ~1242$, to finish that C wave.
If you like my analysis please hit that like and follow button. Thanks!
Handel aktiv:
It's going to reach target soon, be ready to take profit at golden pocket!
Trade stängt: målet nått:
Ok guys, target almost reached, if you want to know what is my next trade on Gold check my last chart.