rayshen0411

Idea for Gold next week

OANDA:XAUUSD   Guld / USA-dollar
We are definitely gonna reach for that BSL this year and make new all time highs.

I am thinking we touch the retail resistance level this month then come down again in May to a demand zone for the given Dealing Range.

This is to make retail think that it is real resistance to build more BSL at that level.

I suppose that the wave 5, sub-wave3 will purge retail resistance, then make a new high to complete wave 5.

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