dharmobdFX

GOLD on going to 4th wave finished

Short
SAXO:XAUUSD   Gold Spot / U.S. Dollar

XAUUSD

GOLD last night was making higher high in $1952 since two months ago but need more little time to be confirmed that will making hit the highest 5th wave ($2185-$2243)
If $1952 doesnt break tonight so GOLD confirm to slip first maybe around $1910_1920 and then go rise to hit $1952 for making DOUBLE TOP again.
And finally maybe around first december GOLD will plunge again to touch down making double bottom in $1849-1850.
After all this move will completely done so GOLD will rise to the highest all the time ($2185-$2243)
ONLY TIME WILL TELL US

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.