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SteveTan

GOLD's 1830 -The Chu Line Separating the bull & bear. 28/Jan/22

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
SteveTan  
FX:XAUUSD   Gold Spot / U.S. Dollar
Elliott Wave Parallel Channel Supply and Demand Gold XAUUSD Cycles cycle xyz3dtrading Contains image
4
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elliottwaves parallelchannel supplyanddemand gold xauusd cycles cycle xyz3dtrading containsimage
GOLD's 1830 -The Chu Line Separating the bull & bear. 28/Jan/22.. GOLD's price may found its temporary "base" for wave i (cyan) @ around 1790..Where 1790 are : 1) POC of volume profite 2) Demand Zone 3)Up trend line support. As we're catching the "falling knife".. Traders may have to "reduce" their position size to at least 1/3 of "normal size" as trading against current "down trend".
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