Shizaru

GOLD @ KEY LEVEL

FX_IDC:XAUUSD   GOLD / US DOLLAR
172 3 2
Very important test for gold             at this level. bearish confirmed on breakout
Comment: *bullish
Comment: 1208 is a pretty strong resistance now
Hello, Shizaru! Great chart! Thank you. Feeling we'll bit your level soon. Are you sure it is 5th wave? I am waiting for 1480-1520 level and it is not possible in such scheme cause 3d wave couldn't be lowest. What if it is still 3d wave extended? Thus we could be behind 3d in 3d now - most rush wave. What do you think about it?
+1 Reply
Shizaru FreshOilTrader
Your idea seems to be very good. Gold could be inside a continuation pattern because of the important level it is facing, so it should be still inside 3rd wave and could create a structure like this:

snapshot
+1 Reply
Great. Have saved it, excellent! Thanks for all of your ideas. Really support for many traders.
+1 Reply
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