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GOLD H4/DAILY TRADE (BUY)
Gold Spot / U.S. Dollar
Long
GOLD H4/DAILY TRADE (BUY)
By OceanBlue
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Oct 24, 2017
8
Oct 24, 2017
Classic bullish Wolfe wave is being shaped at Daily and technically speaking it is looking quite promising.
However, it contradicts the previous short setup which is working right now:
Once gold reaches point 5, it will be at the very same area as previous resistance line II-IV.
The outcome of this fight will decide further long-term trend.
Gold
goldtrading
longsetup
long-term
longterm
Support and Resistance
trend
trendchange
Trend Lines
wolfe-wave
Wolfe Wave
XAUUSD
OceanBlue
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