ChartWizardTrading

Bullish Potential for Gold is High

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is the most bullish potential for gold that exists. The traditional 1-2-1-2 Elliott wave pattern has never been more clear than it is right now for Gold. The potential for the glorious “third of a third” is explosive move to the upside is imminent. There are alternate counts, of course, but from a trading perspective, it’s hard to pass up an opportunity that does not come around very often. The risk vs reward potential of this setup only comes around once or twice a year. Protect yourself by managing your risk and consider the potential.

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