Gold is about to finish the triangle 4th with a smaller triangle on the E. Expecting a huge bounce after mid May.
Alternatively its a normal ABC for the E and it has already bounced.
Potential target by the end of this year (approx).
Alternatively its a normal ABC for the E and it has already bounced.
Potential target by the end of this year (approx).
Comment:
Comment:
Potential very deep 2nd wave retracement, if this pivot holds its very bullish.
Comment:
Borderline acceptable but it should turn around here, hopefully.
Trade closed: stop reached:
Very close to invalidation, I have to rethink this. Will post another idea in the future.
