The Wave 5 for Gold is moving in an expanding wage.
To sell above 1300 and buy in a retracement (about 1263) is suitable.
To sell above 1300 and buy in a retracement (about 1263) is suitable.
Trade active:
May-2, Gold reached 1304 , meantime DXY reached 92.6, as expected.
just short for a retracement, or wait to buy after retracing 1263
just short for a retracement, or wait to buy after retracing 1263
Trade active:
I've shorted at 1301, if it's broken 1307, I‘ll close the trade.
Trade active:
I've shorted at 1301, if it's broken 1307, I‘ll close the trade.
Trade active:
i've longed at 1277, before NFP, because many people can guess NFP is under 200k,due to ADP is only 150k.
Comment:
On Monday, watch 1295 to be retested, if cannot break out, it's possible to retrace 1263.
Trade active:
long gold at 1272 for short term trade.
Comment:
1263reached, watching and preparing to long.
already in Wave 5 since 1303.
already in Wave 5 since 1303.
estimated entry: long at 1266-1270.