correction waves are always complicated and messy often changes direction too often, goes up and down in a wide range either triangle, wedge or some sort of zigzag, internal waves usually goes as abc, wxy, wxyxz type of correction waves and it may seem like ended many times in the subwaves. so often confused with many other ideas. i believe correction continues yet criticals levles to watch 3307-3419 brake side will determen the future of gold.
my 3250 target already achieved but i expect another one, shor term targets 3250-3205 mid term targets 3119-3070-3050
daily candle body above 3420 invalidates short ideas.
my 3250 target already achieved but i expect another one, shor term targets 3250-3205 mid term targets 3119-3070-3050
daily candle body above 3420 invalidates short ideas.
Trade active
i am selling here with m15 candle body above 3420 stop loss. tp 3355 or 3334, 1:6 RRRNote
i will go long after this drop targeting new highNote
if up brake 3420 i am starting to buy here aswell.Trade closed: stop reached
sell stop loss this looks like clean upbrake waiting daily candle close to buyDisclaimer
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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.