Classic bullish Wolfe wave is being shaped at Daily and technically speaking it is looking quite promising.
However, it contradicts the previous short setup which is working right now:
Once gold reaches point 5, it will be at the very same area as previous resistance line II-IV.
The outcome of this fight will decide further long-term trend.
However, it contradicts the previous short setup which is working right now:
Once gold reaches point 5, it will be at the very same area as previous resistance line II-IV.
The outcome of this fight will decide further long-term trend.
