Dear colleagues, I analyzed gold for a long time and realized that the price has updated wave 3. This means that I am waiting for a correction of wave 4, after which I assume that there will be an update of the low of wave 3.
At the moment I expect correction of wave 4 with the aim to reach the area of 38.2%-50% Fibonacci levels 1840.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
At the moment I expect correction of wave 4 with the aim to reach the area of 38.2%-50% Fibonacci levels 1840.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Note
It is possible to update the low, but I am still considering long positions. Don't forget to put trades to breakeven.Note
I strongly recommend to close some positions or move active ones to breakeven. The end of the week showed a good movement towards the target!Note
I believe that the price will reach the target in the coming week. After that I will consider short positions with the aim to complete the 5 wave structure.✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader
🌅 INSTAGRAM: instagram.com/hellena_trader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader
🌅 INSTAGRAM: instagram.com/hellena_trader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.