Ali_Mozafarie

Is gold completing wave 4?

Long
Ali_Mozafarie Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
In my opinion, gold is in its 4th wave.
The first movement part of wave 4; It finished 2 days ago and started the second part.
As I showed the ceiling and the floor in my previous analysis of gold, it will be the same this time.
But with a big difference: the volume of sales has decreased, negative news related to China, Taiwan and America has increased, these negative news can fuel a sharp move.
The logical completion of the second part of wave 4 can be the number 1874, but if tensions increase, the completion of this wave can be observed between the prices of 1910 and 1920.

Be successful and profitable
Order cancelled:
Comment:
Friends, the gold transaction was updated as above because of the failure that happened

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.