Gold Revised EW Counting 23 DEC 2020
I refer to latest diagonal bullish Wave 1 structure.
Complex corrective structure WXY which I believed may nearly completed with condition the minor Wave V completed above it bearish channel line.
Currently wave V which may consists of 5 minor waves is in progress.
Prefer to trade long.
If Gold fall below Wave IV then Wave Y maybe not yet completed.
Complex corrective structure WXY which I believed may nearly completed with condition the minor Wave V completed above it bearish channel line.
Currently wave V which may consists of 5 minor waves is in progress.
Prefer to trade long.
If Gold fall below Wave IV then Wave Y maybe not yet completed.
Note
Daily Chart - Overview
Trade with proper MM.
Disclaimer
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.
Disclaimer
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.