Gold neutral: Short-term Pullback + upcoming wave 4
I've been calling for Gold long for the longest time and also called for short-term pull back at the end of wave 3 of 3.
Now that we have finished wave 3 of 5 of 3, it is time to take a step back and wait for better prices to enter for the final leg of wave 3. Or simply, just get out of Gold because the next move will anyway be a wave 4.
Wave 4s are usually the hardest to trade and a waste of time because it consolidates or have volatile range. So, instead of trying to capture the final leg of the wave 3, I would rather get out entirely and wait for even wave 4 to complete before revisiting Gold in my portfolio.
Good luck!
Now that we have finished wave 3 of 5 of 3, it is time to take a step back and wait for better prices to enter for the final leg of wave 3. Or simply, just get out of Gold because the next move will anyway be a wave 4.
Wave 4s are usually the hardest to trade and a waste of time because it consolidates or have volatile range. So, instead of trying to capture the final leg of the wave 3, I would rather get out entirely and wait for even wave 4 to complete before revisiting Gold in my portfolio.
Good luck!
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.