In our last post on Gold, we identified that we were in wave 1 and suggested waiting on wave 2 before catching the big wave 3.
We have now almost completed wave 2 but we can take advantage of one last SHORT before wave 2 completion.
Trade idea: - Watch for price to break the red trendline for confirmation - enter with stops above the correction - Targets: 1800 (650pips), 1760 (1000pips), 1730 (1400pips)
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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.