I refer to latest diagonal bullish Wave 1 structure.
Complex corrective structure WXY which I believed may nearly completed with condition the minor Wave V completed above it bearish channel line.
Currently wave V which may consists of 5 minor waves is in progress.
Prefer to trade long.
If Gold fall below Wave IV then Wave Y maybe not yet completed.
Complex corrective structure WXY which I believed may nearly completed with condition the minor Wave V completed above it bearish channel line.
Currently wave V which may consists of 5 minor waves is in progress.
Prefer to trade long.
If Gold fall below Wave IV then Wave Y maybe not yet completed.
Daily Chart - Overview
Trade with proper MM.