as we see, Gold has a very nice chart , i do believe it will drop to 1800 support zone, and if loss this support, possibly we will even seee 1600-1550 price.
howeever, in short time, wee can go up to 1955-1960 first , but at the end we will see a nie drop with high probability.
sl: if Gold break 2000-2100 resistance zone, all of this analyze will fail. and there is chance to see 2400-2500 .
howeever, in short time, wee can go up to 1955-1960 first , but at the end we will see a nie drop with high probability.
sl: if Gold break 2000-2100 resistance zone, all of this analyze will fail. and there is chance to see 2400-2500 .
Comment:
thee wave 5 has been started as expected. lets see what will happen next ;)
Comment:
for the one who has a short position right now, the stop loss should be any touch of 1890. if gold move up and touch 1890 ( that i believe wont happen, ) all drop scenarios will fail.
Trade active:
and wave 5 , lets see what will happen next, break down or..!!