As I continue to monitor the progress of Gold, we are closing in on the 0.618 intraday fib level. Wave B took a while to playout and at one point seem to be throwing off the entire count, however, the 1825 target looks like we will achieve it.
Now I will be waiting for the market to shift back to a bearish environment to start adding short.
Let's see how this will play out. As always, your thoughts and feedbacks are appreciated.
Signed.
Samore
Now I will be waiting for the market to shift back to a bearish environment to start adding short.
Let's see how this will play out. As always, your thoughts and feedbacks are appreciated.
Signed.
Samore
Current market setup, showing a sweet rejection of the 0.618 fib level as I previously suggested.
Now I can adjust my levels for the bearish development accordingly.