DangerRate

Last leg down?

Short
TVC:GOLD   CFD Oro (US$/OZ)
Comparing current PA with one occurred from Feb to May '19, i found some similarities which could make us assume that bull run will bring another week to start; it seems infact, that all the 5 coloured boxes match quite perfectly, and only the last one ending with "E" wave should miss.
Further more, daily lower Bollinger Band stands exactly on support around 1455-1450 and, as the previous period, it could be retested before the long run.
This pattern could also matches with previous analysis of bear flag inside a bigger bull flag.
Let me know what you think.

GL U all

Not trading advice
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.