Hellena | GOLD (4H): Long to 2712 (Where is the end of wave 3? )

7 days ago

Friends, I am wary of giving any long-term forecasts, because an interesting situation has developed at the moment.
I believe that the big wave “3” is coming to an end. But it is difficult to say exactly where. Now the price continues its upward movement and I will trade in small intervals.
At the moment I think that the price will rise a little more to the area of 2712. After that I will expect a correction and then we will think where and how we will see wave “5”.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

4 days ago

Trade active

Colleagues, the price has reached the area of 2,637, at the moment I assume that the price will continue the upward movement and update the level of 2685.080.
Although I do not exclude that the price will again approach the 2,637 area as part of the correction.

3 days ago

Trade active

Dear friends, I believe that the price is fully completed wave “4” in the area of 2635. This means that wave “3” has been completed. So we expect the upward impulse in wave “5” to be completed.

2 days ago

Trade active

Colleagues, I wrote earlier that wave “4” is over and the development of wave “5” has begun. The plan is still valid, but I am waiting for its confirmation in the form of updating the maximum of wave “3” 2686. Now it is very important to update this local maximum.

20 hours ago

Trade active

Colleagues, the price swung again the support area of 2537 and now I hope for the continuation of the upward movement to the nearest high of 2685.719. Then we should set trades to breakeven.