wave iii(gold rush)

17 июн.

The chart below shows gold trading lower since 7 June 2024. I believe the bottom is in at 2291 - we have started a gold rush to new highs above 2390. im looking for a pullback around 2310 to 2300 as our key, support this coming week.

Once in that zone and it holds we can start looking for reversal patterns as an entry point for a long position. The next target would be 2291to complete the extended wave iii and an early exit position before the market moves lower.

17 июн.

Комментарий

Don't be in a hurry to enter long position, let them collect liqudity well

18 июн.

Комментарий

Don't be in a hurry to enter long position we have another correction....

20 июн.

Комментарий

Well, the holidays caused the trend dont move forward according to the channel and the growth phase started with a delay.

20 июн.

Комментарий

The reversal pattern has not been seen yet, it seems that it will grow to the top of the channel tomorrow.