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WaveTalks
Nov 17, 2016 2:30 PM

XAUUSD (GOLD) - Looking for 1300+ Move Long

Gold FuturesCOMEX

Description

From previous update- We got the move from 1250-1260$ - which went as high as 1338$- I expected 1377$ only if 1348$ could have crossed- which it failed & had a sharp fall from 1338$ below 1348$- which became b-wave in Y-wave.

What Next?
Likely looking for an explosive upside move, travelling 1300+ dollars - downside, it is limited if it goes below 1220$ then we can look for 1200$ support & sooner or later it will start shining in the sky.

Looking for New High Above 1377$

Trade active

21:05 Hrs 18th Nov2016

Last Price@1209$

Bounced from 1200-1201$ range- Amazing Experience

Bang On for small correct move below 1220$ to 1201$ - can something be better than this?- turning as expected from 1200-1201$- Well I have nothing to lose -only gain.
Comments
gulzarkdr
Sir, dont we need any stoploss ?
WaveTalks
@gulzarkdr, Support zone is your stoploss- for me or anyone else I predicted this buy 4 days ago to buy in the 1200-1201 with stops as support zone which is zero risk who ever bought in the zone as expected.As Gold turned exactly from 1200-1201$.
nirav5
Wow!! That was spot on! Thanks.
WaveTalks
@nirav5, Welcome Nirav
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