Gold EW waves and ABCD

Gold EW waves and ABCD
The key support position is 1244. If it has strong support. Gold will go to the D position(wave 3 of big EW, wave 5 of small EW).

評論:

Let's see if 1240 will hold or not for the bulls.

評論:

If the EW drawing is correct, I would expect a spike up around 1240.

評論:

If 1240 area cannot hold, it will be bearish and the next target is 1228.

評論:

1244 seems to be holding

評論:

1244 will not hold, need to check the support around 1240.

取消訂單:

1240 area is breached. Next target is 1228 area.

評論:

If closing above 1244, there is still a hope for the bull trend.

交易進行:

Wahaha... Bull Trend confirmed.

評論:

1244 area will be re-tested for confirming the bull trend and for more bulls to join

評論:

Looks bearish to me.

評論:

If gold shoots up like yesterday, double bottom support would confirm the bullish trend.

評論:

good, long pin. And the gold bears have reached their target.

手動結束交易:

It's a bear trend. Target 1228.

交易進行:

I don't know what to say, gold is full of surprise.

評論:

Let's see if close price can be 1244 or not. Still looks bearish.

手動結束交易:

Bull is done for now. Let's the support at 122x area.