Hellena | GOLD (1H): Long to resistance area of 2060.
Dear Colleagues, I assume that the upward movement is not over. Gold is quite a reliable asset that continues to be bet on.
Therefore, I think that the price is completing a wave 1 and after the correction of wave 2 in the area of 2032.223 I expect the price to rise at least to the resistance area of 2060. Perhaps the price will immediately update the maximum and rush to the target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Therefore, I think that the price is completing a wave 1 and after the correction of wave 2 in the area of 2032.223 I expect the price to rise at least to the resistance area of 2060. Perhaps the price will immediately update the maximum and rush to the target.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Comment:
Dear colleagues, the price is confidently moving towards the target. At this point, I recommend to either close some positions or move the trade to breakeven. I expect correction and continuation of the upward movement. Follow the updates.
Trade closed: target reached:
Well done!
