greanhoon
Long

New idea for GOLD

FX:XAUUSD   Gold Spot / U.S. Dollar
From the previous analysis(link below). I think gold             is going down and yes it went down from the 1338 to 1315

But, I think I was wrong. Maybe, wave ( iii             ) has not revealed itself yet.

I will use this new wave count for the next week.

This set up will invalid if price below 1300.

greanhoon MindTrader
I hope gold to break above 1330 and go on

Thanks for sharing idea
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MindTrader greanhoon
welcome brother.
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i think same gold, same sh*t. gold has no reason to move up. EURO is getting weak daybyday -i.e. deutche bank-. since datas coming from US are well, FOMC has room to rise hike a bit. i think they will do it in addition to meet with their promises to the people/markets. as a result, i think your previous analysis is currently working and its running down for a big correction
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Thank you for sharing
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