Hello traders This is my new Idea about Gold based on Harmonic Elliot Wave Method I decided to publish that although I think it is a little Riskily !
As I see here I can see three Technical reasons for Having a drop for Gold in coming days which I described in analysis
I hope It would be helpful for you !
As I see here I can see three Technical reasons for Having a drop for Gold in coming days which I described in analysis
I hope It would be helpful for you !
Comment:
The other reason that I think that The Gold will have drop is that the Market's effect on Important fundamental news for USD was not very much than I expected (in 15th December)
Comment:
First target is 1730 and the second target is 1688 !
Trade active:
Still Valuable. Stop Loss is 1835
Trade active
Comment:
Although with a false breakout our stop was hunted but this analysis is valuable maybe we can open new trade with stop 1855 !
Trade active
Comment:
I think it is a market trap for stop hunting the gold should have a drop !
Trade closed: stop reached
