Watching gold as we moved so far this week with low vol. Some Asian markets were closed due to holiday but no change today but slight increase in vol. FOMC tomorrow so market could be cautious yet my trades are 4h and higher so not too worried other than to say I am long, stops a few dollars below bottom channel... under where 4th wave would be considered deep. 4th are usually shallow but will hedge/scalp short if needed to cover. Updated channel if iii complete. 4th targets are listed, .38 and .50 along with v at 100% and 168%.
Good luck, have fun, be safe.
Good luck, have fun, be safe.
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If it breaks down, I'll watch bottom trend-line of previous channel. 1229?
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Previous channel test...
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Wave 5 now complete and the count has been updated.
