XAUUSD: another possibility before it touching 1375
Traders,
We know that gold is on the season to bull.
And it hit 1344 last wk which happen to be the neck position of last huge wave. A healthy correction from there is reasonable.
Right now , if gold has another bear sign on 4H chart, the corrective wave could start down to 1300-1314 zone.
After that, would love to see higher position as 1375 round.
Less is more!
We know that gold is on the season to bull.
And it hit 1344 last wk which happen to be the neck position of last huge wave. A healthy correction from there is reasonable.
Right now , if gold has another bear sign on 4H chart, the corrective wave could start down to 1300-1314 zone.
After that, would love to see higher position as 1375 round.
Less is more!
Comment:
straight up alone with the trend line.
Comment:
trendline broken
