rishiisal

Damm that Pitch Fork. Gold Rush yet?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Really ? That Subdivision of the Impluses look so perfect and with that pitchfork it makes it look so beautiful. Only logical entry for bulls was at the Golden zone of 1st wave. Rest all correction in this uptrend is shallow landing between 0.382 and 0.236 Fib levels which is most likely retracement for wave 3's. Thing is that it looks good for Observation, Analysis etc. but not for trading (at least for me) maybe there is a nice short setup waiting. All this Impulse move is maybe a part corrective or counter trend waves like ABC or ABCDE etc. on a larger degree. But really that fractal looks so good to eyes. So much to learn.

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