Gold is currently creating a very tricky & complex wave count in the markets & I believe there is still a chance for it to drop lower towards 1870. However, this wave count is also valid. We have seen completion of Wave 5 hitting a low of 1896 followed by a sharp move up. Since then we have been ranging within this tight zone which could be the start of a new uptrend. I will be trying long positions from here with a potential target of 1000 PIPS profit🦾 If this scenario fails, I will go back to my original buying zone at 1872-1867.
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TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
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.