Last correction before the price EXPLOSION!
Hi All,
As you can see this is a bold short call proposed by a stubborn gold bug ;)
This previous analysis turned out to be very accurate. We have completed the 5 Elliott wave pattern and now I expect a healthy ABC correction.
To support that idea we have:
SL: 1690 $
TP 1: 1470 $
TP 2: 1360 $
Great Risk/Reward Ratio: 6 !
GL & HF ;)
As you can see this is a bold short call proposed by a stubborn gold bug ;)
To support that idea we have:
- a nice bearish Harmonic Bat Pattern
- divergence on RSI indicator
- bearish pin-bar that is not yet completed on the W1 but I expect it to close on Friday this way
SL: 1690 $
TP 1: 1470 $
TP 2: 1360 $
Great Risk/Reward Ratio: 6 !
GL & HF ;)
Trade active:
TP 1: reached! after 2 weeks from the recommendation!
