Gold for Corrective Sale
Gold is winding within a corrective triangle structure.
IF a 5 wave structure is in play
1. D wave to complete around 1493
2. E wave to complete around 1503.
The short trade is
1. Enter at E
2. Stop above A
3. Target .618 fib extension to 1442.
RR is 3+
IF a 5 wave structure is in play
1. D wave to complete around 1493
2. E wave to complete around 1503.
The short trade is
1. Enter at E
2. Stop above A
3. Target .618 fib extension to 1442.
RR is 3+
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.