Hi everyone!
This is what I think of Gold. Looks like we are waiting for a 5 impulse wave to complete. Although it might break the mid signal line and I still hope that it will reach the desired level at 1172.
Not an advise, use for education purposes only.
Check this chart to see the previous resistance at the targetted level
Gold is on a 7 week bullish run and is fast approaching a historic weekly resistance at price action above 1380.00 - 1400.00. Sell opportunities are at the blue line (1390.77) and the price area 1385.00-1400.00 with take profits and buying opportunities for future re-tests at 1340.00.
Short term expect price to test and fail at this level however the decline will...
