Gold continues sideways behavior in a triangle
Gold continues sideways behavior in a triangle. Gold is completing a combination correction, wave (a) is a double zigzag , wave (b) is an expanded flat and wave (c) is going to be a triangle with two sub waves to go. The price extreme has occurred at 1187 , a price below the support of 1187 would tell that my labeling is wrong. Happy trading.
Note
Gold is going to retest 1187, gold is forming a triangle in 15 minute chart as wave 4 of an ending diagonal, please adjust your trade accordingly.Trade closed manually
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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.