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Teklologist
Oct 25, 2018 10:19 PM

XAUUSD Gold Spot: Targets for W4 and W5 Short

Gold/U.S. DollarFXCM

Description

Disclaimer: This is not financial advice, and I do not have training sufficient to give financial advice. For me, this is a hobby.

Chart says it all... excluding W4 and W5 timeframes.

Comment

For those of you also tracking Silver. Possible that Silver needs to dig deeper into $13.9 - $9 range before reaching new highs.

Comment

$1,100 - $1,090 is also good target (W4 < 50% W3)

Comment

That is, wc potentially ending about where wa ended.

Comment

Please like or comment if you enjoy this chart or would like to see it updated.
Comments
AhmedFouad
Hello...Do you have chart analysis for Silver as well? Thanks
Teklologist
@AhmedFouad, not yet. Plan to chart it by today or tomorrow.
Teklologist
@AhmedFouad, updated with link to Silver chart. Possibly bottomed at $13.9, buy find it more likely price needs to drop further towards $13.1 to $9.
Teklologist
AhmedFouad
@Teklologist, Thanks for your response...! :)
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