It looks like gold
is making an ending diagonal
. If this is the case, I believe gold
will try to test the 61.8 fib which happens to be in confluence with 2.618 fib estension of wave 1. I believe if price makes it up to 1364 it would offer a nice short opportunity to support below.
Alt - I am looking to buy gold
on signs of support at the lower TL with a limit at 1364.