Gold Spot / U.S. Dollar
Short
Updated

Gold. Leading Diagonal Still Valid. Updated 8 May 21

338
We are @ wave a (green, circled ) of Final Leg Up of wave 5 (yellow) of the leading diagonal pattern. Price of wave a (green, circled ) (maybe) will reach @ around 1850, Before retrace back to daily 200 ema and the trendline @ around 1800-1790 before final leg up for wave c (green, circled ) and wave 5 (yellow) to reach @ around 1860, where there is a confluence area / intersection between the upper trendline of leading diagonal and longterm downtrend line from all time high @ around 2070
P/s In Inside any impulsive 1,3,5 waves.. There has been "always" only a,b,c subway NOT 1,2,3,4,5 waves!
Note
P/s. Traders should have independent view and strict proper risk management before trading any leverage instruments. without blindly following any trading ideas from others

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