Gold is Ready for Strong Uptrend

20 ott 2019

Hi ,,Gold is Ready for very Strong Up trend

We have 2 possible Senarios here .

First Possibility ))))) If the corrective structure abc is complete and we have Break above Red Trend Line ,,
It is Straight way a Long Trade Till 1600/1640 .

Second Possibility ))))) If the corrective structure abc is not complete and we got some extension in c mini wave ,,
than we could have break below Blue Trend line ,,, small short target up to 1450 .
Than We should have a bounce at Fibo Level 61.8% and Long straight to 1600/1640 .

Thanks for Follow and Support

Elliot Wave Reloaded