Gold Losing momentum Long

Gold/U.S. DollarFXCM

Description

⋅ Aug 15, 2016 3:06 PM

I am expecting buy setup near trend line. In case price break down channel trend line then i will look for change in structure.

Comment

⋅ Aug 28, 2016 9:03 AM

Comment

⋅ Aug 31, 2016 1:12 PM

Landing on our buying place watching price action on trend line. here is update.

Comment

⋅ Sep 4, 2016 8:04 AM

Comment

⋅ Sep 6, 2016 7:12 PM

This is how pattern and structure works. Here is update.

Comment

⋅ Sep 11, 2016 5:29 PM

Comment

⋅ Sep 25, 2016 4:37 PM

Comment

⋅ Sep 28, 2016 3:24 PM

Get ready for another move up guys I hope you made lot Buck from Gold. Good Luck and happy trading.

Comment

⋅ Oct 2, 2016 9:39 AM

Comments

URIFX

⋅ Sep 7, 2016 1:56 AM

amazing! thanks

Wave-Trader

⋅ Sep 7, 2016 7:09 AM

Cheers mate

albertwt

⋅ Sep 30, 2016 12:55 AM

Hi WaveTrader,
Do you predict that this gold bouncing movement will be losing its momentum next month started by declining down ?

VirtualFax

⋅ Sep 28, 2016 4:13 PM

Yellow circle - area of interest #1
Green circle - area of interest #2

I agree with you that we are likely to hit #2

VirtualFax

⋅ Sep 28, 2016 4:06 PM

Same here - re your today's post

AkashGaur

⋅ Sep 8, 2016 1:08 AM

cant this be looked at as a flag.
i do see that the daily indicator shows that the next move might be a move down forming a 5 wave channel but if it breaks up will that invalidate this count and make it a 3 wave flag like this?

Corrie_V

⋅ Sep 6, 2016 7:28 PM

Cool - thanks !

ice_bird001

⋅ Aug 31, 2016 3:05 PM

Thanks for the update.