dzulmonsterfx

Consolidation out of curiosity

Long
dzulmonsterfx Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Assalamualaikum guys, hope you guys doing well !

Based on h4 chart, I strongly believe this precious metal is undergoing consolidation. My view is bullish based on counting A-B-C-D-E flag pattern.

What is our strategy ?

We buy with risk until lower 1385.743 and reward target at 1441.00. I assume market could break the flag pattern trendline. If it doing so, we will count the fifth wave.

Good luck !
Comment:
Broke our flag trendline. Happy pipping !
Trade closed: target reached:
Happy weekend !

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