GOLD broke yearly top

Last week we were expecting an up move and then sell setups after the break of yearly top. Now expect it to spend sometime here and crawl up a bit and then shoot down, we will not enter unless we see a sharp move down, if it moves down sharp we will surely be in the sells.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

Trade with care
We Trade Waves