Gold Long Trading Opportunities (Elliott Wave Analysis) Long

Gold/U.S. DollarFXCM

Description

⋅ Feb 7, 2017 5:50 AM

In this article I will be discussing the long trading opportunities in Gold using the Elliott Wave Principles.
As of now it seems that $ Gold is in the Wave C and more specifically it seems like the Wave 3 of Wave C has started which is supposed to be very fast.

Two trading strategies can be used either buying above the break of 1240 or waiting for a pullback after the break and then buying for the 3rd of the 3rd.

Targets :
T1 : 1330
T2 : 1380
T3 : 1460
T4 : 1580

I will update further if need arises.

Comments

duane1618

⋅ Feb 10, 2017 6:12 AM

Great long term count as well as thought full explanation on the YT video. I now have the expectations as well as the alternative !

NeeravYadav

⋅ Feb 10, 2017 6:43 AM

@duane1618, good to know.

duane1618

⋅ Feb 7, 2017 6:34 AM

Hello Neetav, nice chart. My question is, by wave C, do you mean wave C of wave 4 in a down trend?

NeeravYadav

⋅ Feb 9, 2017 8:34 PM

@duane1618, Hi Duane, kindly check the detailed video that I have posted on YT, I don't know if posting the link is allowed here or not so use the link in my signature to go to my channel.