Hi traders,
I hope you all in good condition and far away from corona virus.
Okay let's talk about Gold.
...After start analysis from monthly timeframe..so I write down actually this Gold in correction movement overall !
and..if we take a look on daily timeframe, the X wave was finished. It means , this gold willing down .
You can see, this week , Gold went deep down and it formed wave a ( see a circle green, please ).
Then,,after that, there was pulback happened ( see the (a) blue) . And it getting correction to form wave (b) blue.
I assume , today Friday March 20, 2020
GOLD will going up to forming last wave (c) blue .
Wish you understand my explanation , and please do properly risk management
Best regards,
Arya
I hope you all in good condition and far away from corona virus.
Okay let's talk about Gold.
...After start analysis from monthly timeframe..so I write down actually this Gold in correction movement overall !
and..if we take a look on daily timeframe, the X wave was finished. It means , this gold willing down .
You can see, this week , Gold went deep down and it formed wave a ( see a circle green, please ).
Then,,after that, there was pulback happened ( see the (a) blue) . And it getting correction to form wave (b) blue.
I assume , today Friday March 20, 2020
GOLD will going up to forming last wave (c) blue .
Wish you understand my explanation , and please do properly risk management
Best regards,
Arya