CFDs on Gold (US$ / OZ)
Updated

To be or not to be!

702
You have to stretch out the chart to see what is currently running.
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up to 1290.06
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I stay with my count...
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The only small difference to my update from April 26th is that this time I reduced the pink a b c d e count - as an alternative - only to pink a b c.
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1279.39 done!
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The red or the pink path
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Above 1285 - rising again.

Condition:
1278 should not be undercut, then the break leads to lower prices (1271-1270)

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At the moment, 1285 acts as a resistance, but with a daily close above it, it leads to higher prices.
That means: tomorrow, monday and tuesday - trend up... rising!
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tuesday: short
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Weekly
for rising prices speaks:
1. green future cloud
2. cross tenkan / kijun bullish
3. lagging span is above the price (yellow circle)
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