Hellena | GOLD (4H): Short to 50% Fibo lvl 2231.
Dear Colleagues, it looks like gold is completing the impulse wave "1" of higher order and I expect the price to finally decline to the area of 50% Fibonacci level 2231. The decline has been expected for a long time now and the main thing for us is to catch a good entry into the market!
Watch the risks!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Watch the risks!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Comment:
Colleagues, the price has not gone halfway to the target yet, so there is a possibility that the price will update the high. Be careful! At the moment I expect the downward movement to continue!
Comment:
Colleagues, at the moment the price is within forecast. I suppose that there is a probability of a small update of the maximum, after which I expect a downward movement. I remind you that I do not recommend to risk more than 1-5% of your deposit in a trade!