Hellena | GOLD (4H): SHORT to 50% Fibo lvl 2655.

2 days ago

Colleagues, I believe that wave “3” of the higher order is developing quite actively, but I expect a correction in wave “2” of the middle order.
I believe that the price will reach the area of 50% Fibonacci level 2655 or earlier. We should be careful, because the price may stop at the 38.2% Fibonacci level. Around this area I should set trades to breakeven.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

2 days ago

Trade active

Colleagues, the price has reached the area of 2726, which may mean that wave “1” is finishing its development and I expect the beginning of correction.
From now on I am considering only short positions.
The minimum target is the level of 2672.

21 hours ago

Trade closed manually

Colleagues, the price has started an upward movement, continuing the wave “1”. This means that wave “2” will take place a little later and may not reach the 2655 area.
The most important thing in trading is to reduce risks. Therefore, I recommend to wait until the price starts a downward movement and close the trade with zero profit in the area of 2726.
Although I think the price is capable of reaching the 2700 level.