Gold/USD short, target below 900 Short

GOLD (US$/OZ)TVC

Description

⋅ Aug 6, 2018 9:27 PM

abc zigzag correction to the lower trend channel line, which is 62% of the upmove since 2001. This will lead the price to the preceding wave 4 area. Note that b would be 38% of a and c is 62% of a.

Comments

LetsBeMillionaire

⋅ Aug 6, 2018 11:03 PM

you are using the different scale and fooling the people. go with linear scale and see if this kind of trend lines fitting or not... lol