Gold Spot / U.S. Dollar
Long
Updated

Hellena | GOLD (1H): Short to resistance area of 2054.474.

534
Dear colleagues, despite our plans the price confidently went up and now I have redrawn the waves. Perhaps the price is completing a five-wave structure and the price has not yet finished its upward movement. I expect the price to rise at least to the resistance area of 2054.474.
From this moment I consider long positions!

Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Note
The price gave the opportunity to get into a long position more favorably. I believe that by the end of the week the scenario will be realized and the price will come to the target of 2054.
Don't forget to put trades to breakeven!

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.