Gold update

17 авг. 2018 г.

Boom goes the dynamite. Wave 4 initiated. Channel looks like 38%. I adjusted the levels. If you were like me, you got stop in profit, on to the next one. Just keep in mind we are trading fibonacci and not price action reversal, but the fibs are strong across the board. Check out my XAU/USD 7 swing lining up with the 1.236 trend fib extension. Just keep in mind these moves can shoot, but if XAU/USD is doing a wave 4 retrace, then it will be corrective and boring.