This is SBSTOCKS.COM take on GOLD this week. looks pretty strong taking in consideration the fall in stock markets, and instability in all over the place.
might be a good idea to take a look on some longs. short term. however this is very aggressive as gold is in a long term down trend.
targets might be on @1119. look for supports on lower time frames, 1h. 4h. don't trade on Monday
Below is a daily chart showing elliot wave counting for impulsive move up. we might be in wave 4 might be completed on Monday-Tuesday.
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might be a good idea to take a look on some longs. short term. however this is very aggressive as gold is in a long term down trend.
targets might be on @1119. look for supports on lower time frames, 1h. 4h. don't trade on Monday
Below is a daily chart showing elliot wave counting for impulsive move up. we might be in wave 4 might be completed on Monday-Tuesday.
Commento:
SUCESS; +320 pips and more to come on gold
Trade chiuso: obiettivo raggiunto:
+320 pips and still bullish on gold, new signal will be published soon
