Gold completed its wave 1 from 1194.55 to 1235.29. Then it retraced to 23.6% i.e. 2nd wave from 1235.29 to 1126.58.
Wave 3 tarted from 1226.58 to 1260.76.
And now it is expected to go down for its 4th corrective wave with angle from 40-45 degree, from, 1260.76 to 1252.70 (23.6%) or 1237.71 (38.2%)
Wave 3 tarted from 1226.58 to 1260.76.
And now it is expected to go down for its 4th corrective wave with angle from 40-45 degree, from, 1260.76 to 1252.70 (23.6%) or 1237.71 (38.2%)
Trade active
Trade closed: target reached
target achieved 1247.71 (38.2%) retracement.
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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.