Idea for Gold @ 10th Oct. 2023

Gold is currently in the WAVE C, I supposed that the sub-wave 3 is formed, we need to look the sub-wave 4, then sell at sub-wave 5 to completed the WAVE C.

the market is always changed, sometimes, I look the overall trend is bearish, but hold correction positions will become bullish, that's how elliott wave dynamically apply in the live trading.

Sit and Wait is your friend.

Kommentera:

We still hold trades from the bottom at 1813, it's around 1500 pips.