KVE
Long

XAU/USD: Gold long opportunities based on harmonics

FX:XAUUSD   Gold Spot / U.S. Dollar
99 2 2
Based on my last daily analysis I am looking for longs after a possible wave 4 of a rising wedge or a bounce from the alternative up channel ...

First buy zone coming up is where the possible smaller Gartley and AB=CD PRZ's coiincide...
If PA reverses there then the rising wedge scenario is still a valid option and I will set my targets high, counting on a possible breakout of the recent down trendline (2 options depending on which tops one connects...)

Second buy zone in case the first one fails is where the larger bat completes...

I will look for confirmation of a possible reversal in the forementioned zones on smalller TF's...
No use in putting setups on chart for now since this will depend on price and time where these possible patterns complete. Will update or re-post closer to completion.

Daily view, channel positioning is subjective though...:

over the next few months I will be buying with both hands! Looking forward to this chart playing out! :)
Reply
KVE lukelehepuu
We'll have to see what the referendum brings first but longterm I'm bullish too!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out