waveslover

WE'D FACE THE STRONG BULLISH IMPULSIVE WAVE🌊

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
✅PREVIOUSLY ON GOLD
From 1877(lime3) to 1753, ABC corrective waves are formed and 1753 can be numbered 4(lime), it is thought.

✅WHERE WE ARE
As 1753 can be numbered 4(lime), we should've waited for the beginning of the next bullish impulse(blue circled 2), which should've been around 1790 - 1776.

1814, then 1877 must be broken if my counting is correct.
Normally, the 3rd wave is stronger than the 1st wave and the 5th wave, thus we can expect the strong bullish wave.

*As long as 1784 remains unbroken, this idea is valid.


💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible

PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉

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.