1905 WKP1 GOLD start to drop from the pressure line?
Hello traders,
Gold has made a new high on Monday.
And sellers did not want to give up.
Or we can say the pressure line rejected gold again.
All those fake breakingthrough might suggest a new grand super swing heading south might start this week.
On 4h chart, we are looking for the entry to that new swing. Might be 1740-1760.
Good luck on finding this trade entry.
LESS IS MORE!
Gold has made a new high on Monday.
And sellers did not want to give up.
Or we can say the pressure line rejected gold again.
All those fake breakingthrough might suggest a new grand super swing heading south might start this week.
On 4h chart, we are looking for the entry to that new swing. Might be 1740-1760.
Good luck on finding this trade entry.
LESS IS MORE!
Comment:
A correction down to 1730 first and make 5 waves up to 1770-1800.
we prefer it goes like this way.