Fourth wave correction create the juncture
In the related ideas, I was forecasting a bullish way for the gold. The break has happened and gold has reached the mentioned next target zone 1765 where the resistance lied. After a failed breakup a falling correction is ongoing now. The green support zone should hold up the gold and after it will have found its bottom the gold should trade well above 1800. 1730 level must remain intact!
Important
Always use stop order, cutting losses, this is one of the essential elements of your risk management and if you would like to be an independent investor then you must be the master of risk management.
Disclaimer
Reserved the right to make changes the content on this analysis at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Important
Always use stop order, cutting losses, this is one of the essential elements of your risk management and if you would like to be an independent investor then you must be the master of risk management.
Disclaimer
Reserved the right to make changes the content on this analysis at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Comment:
Protect your profit!!! at 1779. Manage your position! There is no divergence yet, but I am waiting for it. So the gold can soar beyond my previous goals.
