I'm expecting a surge movement from Gold soon.
Based on basic Fibonacci Retracement that I pulled from second lag of the Elliot Wave is showing us a Support at around @1316 - @1321, if the correction wave could hold above this Support, I am expecting an upside movement from Gold soon.
I trigger a long position around @1323 - 1324 with Stop Loss below the Support level around @1312.
Hopefully Gold can make it and create a new high level.
Good luck for all of us and have a nice profit.
Thanks!!
Based on basic Fibonacci Retracement that I pulled from second lag of the Elliot Wave is showing us a Support at around @1316 - @1321, if the correction wave could hold above this Support, I am expecting an upside movement from Gold soon.
I trigger a long position around @1323 - 1324 with Stop Loss below the Support level around @1312.
Hopefully Gold can make it and create a new high level.
Good luck for all of us and have a nice profit.
Thanks!!
Trade closed: stop reached:
It was hit by Stop Loss on monday.
Loss with about -130 Pips
Loss with about -130 Pips