Hellena_Trade

Hellena | GOLD (1H): Long to 50% Fibo 2039.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Dear colleagues, the price has started a downward movement and formed wave 1. At the moment it is possible to update the minimum in the area of 2017, after which I expect the beginning of corrective wave 2 with the goal to reach 50% Fibonacci level in the area of 2039. It is possible that there will be no update of the low and the price will immediately start moving towards the target.

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