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BA_Investments
Dec 28, 2023 9:24 AM

GOLD SHORT TO $1,890📉 Short

Gold vs US DollarPepperstone

Description

After the impulse sell off from $2,140 I can see Gold heading lower & consolidating for the remainder of 2023. This is only a short term play, but Gold can still possibly push higher towards the $2,100 zone to fill in the wick, before selling off.

⭕️5 Wave Impulse Complete.
⭕️Strong Impulse Sell Off.
⭕️CHOC + BOS + Supply Zone Retest.
⭕️Wave W-X-Y Pending.

Trade active

Even though our mid term buy, hedge analysis got invalidated, it just means our main sell position is now in higher profits!😍 CPI has melted Gold prices below January's low, showing a break of structure which'll now be followed by a continuation.

Eyes on $1,890👀
Comments
Faraz_kuchulu
2120 failed ?
BA_Investments
@Faraz_kuchulu hedge analysis (buy) didn’t work out, so our main sell analysis is running in deep profit.
amirsoltani1990
where is 1 impulse?
BigBear007
😂😂😂🤣🤣😆🤦‍♂️🤦‍♂️🤦‍♂️
BA_Investments
@jkaly, Hope you haven't blown your account from holding Gold buys.
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