Gold finished a corrective cycle A,B,C that reached 1845$ per ounce. the current structure of the bounce from the last low standing looks impulsive,
that means we are looking to start another motive wave labeled as 1,2,3,4,5.
the first wave that contains minor 5 waves is trading in an expanding triangular form, a minor corrective wave (2) retested previous wave 4 near 1886. we are now looking for another surge in gold that is expected to be the longest
and strongest wave labeled as (3).
the risk to reward ratio is perfect for this trade.
wishing you a good luck!!!!
that means we are looking to start another motive wave labeled as 1,2,3,4,5.
the first wave that contains minor 5 waves is trading in an expanding triangular form, a minor corrective wave (2) retested previous wave 4 near 1886. we are now looking for another surge in gold that is expected to be the longest
and strongest wave labeled as (3).
the risk to reward ratio is perfect for this trade.
wishing you a good luck!!!!