Glod: plan for the last week of OCT
Traders:
This is daily chart analysis for gold.
In our strategy, if the yellow trendline were broken
by candles, gold will have a chance to getting close up tp 1300.
Last week, gold could go no higher than 1272, now gold is about to drop down to retest 1250 again.
If 1250 cant stop the dropping, which means the end of wave 2 and start of wave 3, and 1219 will be the next support .
Less is more!
This is daily chart analysis for gold.
In our strategy, if the yellow trendline were broken
by candles, gold will have a chance to getting close up tp 1300.
Last week, gold could go no higher than 1272, now gold is about to drop down to retest 1250 again.
If 1250 cant stop the dropping, which means the end of wave 2 and start of wave 3, and 1219 will be the next support .
Less is more!
Comment:
Comment:
Trade active:
1ST plan begin at 1266.03
Comment:
sl hit, and gold now is moving up.
