GOLD - Wave Revision - Plenty Of Opportunities Ahead
In this Wave Revision I go back to the drawing board and find that things are not what they appeared to be.
The interesting thing here is that the clues are hidden in plain sight.
One wave should always serve to confirm the previous wave that came before it.
This is why I say that if you don't know the waves you are trading blindly because every wave is directly related to the previous wave.
The trick is to properly identify the waves to see if the relationship between them is valid.
I expect further weakness in Gold which coincides with expected weakness in other markets. (See related ideas below)
Wave Revisions are Pre-Planning\Analysis, not trading ideas.
The interesting thing here is that the clues are hidden in plain sight.
One wave should always serve to confirm the previous wave that came before it.
This is why I say that if you don't know the waves you are trading blindly because every wave is directly related to the previous wave.
The trick is to properly identify the waves to see if the relationship between them is valid.
I expect further weakness in Gold which coincides with expected weakness in other markets. (See related ideas below)
Wave Revisions are Pre-Planning\Analysis, not trading ideas.
