OceanBlue
Long

GOLD H4/DAILY TRADE (BUY)

FX:XAUUSD   Gold Spot / U.S. Dollar
Classic bullish Wolfe wave is being shaped at Daily and technically speaking it is looking quite promising.

However, it contradicts the previous short setup which is working right now:


Once gold             reaches point 5, it will be at the very same area as previous resistance line II-IV.

The outcome of this fight will decide further long-term trend.
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