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ElliottWaveBelgium
Sep 19, 2019 11:39 AM

Gold - One more push higher before falling ? Short

GOLD (US$/OZ)TVC

Description

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

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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 https://first.https://www.tradingview.com/x/v161RxAN/

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 !
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