Traders,
Now we are in the big wave 3 of the purple channel.
We are expecting 3 waves of a trend to finish.
Now the question is where is the end of wave 3.
See the yellow channel to follow the wave 3.
Y and Z are different tp for the end of wave 3.
So , if you in the long trade at 1324, hold it till the signal for getting out.
Otherwise, wait for a big chance to short gold from 1244(last top) or 1257( ext fibo 1.414) or higher up to 1276( ext fibo 1.618)
We know its tempting from 1224 to 1257 or 1276.
If you want to scalp, pls follow me on further small trade plans.
Less is more!
Now we are in the big wave 3 of the purple channel.
We are expecting 3 waves of a trend to finish.
Now the question is where is the end of wave 3.
See the yellow channel to follow the wave 3.
Y and Z are different tp for the end of wave 3.
So , if you in the long trade at 1324, hold it till the signal for getting out.
Otherwise, wait for a big chance to short gold from 1244(last top) or 1257( ext fibo 1.414) or higher up to 1276( ext fibo 1.618)
We know its tempting from 1224 to 1257 or 1276.
If you want to scalp, pls follow me on further small trade plans.
Less is more!
Comment:
typing mistake, is 1224 not 1324.
Comment:
Comment:
gold is heading from 1225 to 1236-1240 now.
See what will happen in NY time.
See what will happen in NY time.
