Tigransm

Gold is ready to go down till 1450

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold will complete correction approx. till 1450. Correction can appear as 5-3-5 structure with future breakout till 1600, or as a 5 wave downturn impulse, which means ABC is only second wave and gold will complete it's final consolidation till 750-1100 which started in 2011 and entails 5-3-5 structure. And only then you can buy.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.