Hello traders, i analysed gold parabolic move, and i realized that it moves by fractals.
It usually has a big blast then consolidates in a falling wedge to the 0.382 fib.
I also realized that at the final piece of the falling wedge gold makes a fakeout to the upside before the real move.
Give me your feed back! Thank you.
It usually has a big blast then consolidates in a falling wedge to the 0.382 fib.
I also realized that at the final piece of the falling wedge gold makes a fakeout to the upside before the real move.
Give me your feed back! Thank you.