Making the 4th wave and completing the 3rd bearish wave.
Of course, wave 4 and wave 5 cannot move so clearly. And for this reason, the probability of complex and irregular flat waves is high. And combine any kind of them.
The target price can be 1911 or 1920.
Note that this analysis is small in time.
And the possibility of surprising moves is high.
But if there is no news published that does not lead to a decrease in the strength of the dollar index.
The price of gold continues the current downward trend.
Disclaimer:
This is not a buy or sell signal.
Be profitable and happy.
Of course, wave 4 and wave 5 cannot move so clearly. And for this reason, the probability of complex and irregular flat waves is high. And combine any kind of them.
The target price can be 1911 or 1920.
Note that this analysis is small in time.
And the possibility of surprising moves is high.
But if there is no news published that does not lead to a decrease in the strength of the dollar index.
The price of gold continues the current downward trend.
Disclaimer:
This is not a buy or sell signal.
Be profitable and happy.
Comment:
Important note:
Friends ; The possibility of a rapid fall of gold to the price of 1929 or 1920 is very high.
But again, proceed with the transaction by analyzing your capital and risk.
This was a warning.
Friends ; The possibility of a rapid fall of gold to the price of 1929 or 1920 is very high.
But again, proceed with the transaction by analyzing your capital and risk.
This was a warning.
Pay attention to the price movement of the dollar index.
The dollar index is undergoing a downward correction of wave 5 of the short-term wave.
Therefore, the price of gold may move upwards for a short time. have
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DISCLAIMER: This is not a buy or sell signal.
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