WaveElliot

GOLD SPOT market review !!

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.

As you can see, the gold market is doing the pullback and looking for the last wave (WAVE C)before it continues to decline towards wave 5 as the chart above.Based from my review,I just have to wait for wave C which is to completed the WAVE 4 . I'll start looking SIgnals for SELLING this market at wave 4 (WAVE C) the best place for advantage to put some capital on this market.


for now I'm just willing to wait from doing the risk for long.This wave greatly helps you to know what is supposed to happen in the market for the future. With this calculation help, the risk that you will face is very low and winning is absolutely you will...

TIPS TRADING :

1) Follow me and get the latest updated count.
2) Identify the current market on which wave at the point
3) Identify trend market ( IMPULSIVE / CORRECTIVE)
4) Always have high winning rate for Long position at WAVE 3 and WAVE 5
5) Always have high winning rate for Short postion at WAVE 2 and WAVE 4

*The key point here always follow the development market at which wave ,Risk always come if you do not know what you are doing and not understand about the market..

how to combine with your indicator and what it will help you?
do you often get false signals trade?

Use your signals and bind together with EW from my updated..your false signals will reduce the risk..
Thank you.
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