GOLD possible scenario (Eliot wave analysis) (30M TF)
** Instructions: Always wait for a good confirmation to the breakout (A reversal signal or a good break signal) ** Two candles in 15M are very important for a basic level (Begainer) to decide.
My quote about GOLD last night on my premium channel: GOLD had broke a very sensitive points over the chart, & confirms it's downtrend after retesting the weekly trend (It's our trigger point to take the big sell) — Below the 1685 will be already a call for sell in GOLD — Up of the 1704 price, GOLD confirms an upward mouvement to retest the weekly trend — Once the price break the 1685 price we will be aiming for 2 targets: Target1: —> 1671 Target2: —> 1600 nearby It's a very nice opportunity
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Nota
-- My old chart was deleted for no reason: -- ibb.co/724Vd3N
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