AlphaDreams

Daily Gold - expecting a tmep pullback before higher

AlphaDreams Uppdaterad   
FX:XAUUSD   Guld / USA-dollar
All is on chart. Will post hourly charts during the week.

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www.tradingview.com/chart/QsOdIlka/

Currently shorting to 1275 area
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Didn't quite reach the bottom of the channel but 1266 vs 1267.x is close and enough for me to long this AM.

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Still targeting 1320 area.
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Link to the harmonics I'm watching:

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another (crab):

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Gartley on hourly showing up. I also posted trendlines with RSI trend breaking upward... for now. Is this temporary before slightly lower low for 4th wave, then finish 5 of 5th wave around 1306/1313? 5 might not be as high as they were on the main idea's chart.

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Still holding for 5th wave where I'll close longs and open shorts. Safe: wait for the bottom of the channel to break for short. Risky: 1305-1320 watch for reversal candle patterns.

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Extention at play? Watch that ceiling.
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It's now dropping but let's see if it's just a test of the top of the previous channel...

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Bounced off of top of channel. Bull holding strong. Will update daily count in new chart. .

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