ElliottWaveBelgium

Gold - One more push higher before falling ?

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
We got a somewhat impulsive wave down as potential wave A/1 and stayed in this range since last Week.
I think this correction is not yet over and we should see one more push higher first before considering to short this.

Resistance can be found around 1530.
Comment:
Don't hesitate to like and share my ideas
Also, Subscribe to my FREE Telegram Channel for MANY more updates
t.me/em16public

If you have ANY questions, reach out to me through
comments, chat or my Telegram t.me/ewbelgium
Comment:
We're at the sweetspot now but let's not get ahead of ourselves here.
It's best to wait for market to give us a sign of reversal first.
Comment:
One more small push higher before sell off ?
Comment:
We just got a perfect touch of this support zone and we're seeing a big reversal candle now
Comment:
! I Don't think it's a good idea to love bulls just yet !

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
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.