I have closely looked the Gold moves and it seems that it is near at the end of Wave 5.
This wave 5 is in an ending diagonal, as I indicated in the chart.
At current time I am analyzing, the price is at end of sub-wave 4 of wave 5.
If this Pattern is ending diagonal, the market should deliver sub-wave 5 of 5 with a target of 1760.
Remember this is a market commentary instead of trading signal, please trade the patterns you clearly understand with your own risk.
This wave 5 is in an ending diagonal, as I indicated in the chart.
At current time I am analyzing, the price is at end of sub-wave 4 of wave 5.
If this Pattern is ending diagonal, the market should deliver sub-wave 5 of 5 with a target of 1760.
Remember this is a market commentary instead of trading signal, please trade the patterns you clearly understand with your own risk.
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.
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.