Gold finished correction 5 point swing, and responded a strong pinbar in Weekly. Take the opportunity of Dollar correction and Gold rebounce for opportunity of Wave 1, 3 & depends 5 is clearly identifiable.
Comment:
Here attached the Weekly indicate retracement Fib 61.8% and a downward diagonal resulting with a pinbar market response; together w/ super low RSI, suggesting possible bounce.
Comment:
try cleaning up messy weekly chart above:
Trade active:
Trade 1 — 1184 long initiated.
Trade closed: target reached:
1st trade target reached. 4.2 R/R.