✅PREVIOUSLY ON GOLD It's thought that the bullish trend has begun since 1753 and the price bounced well in the last few days by the support lines I drew.
✅WHERE WE ARE The high of the 28th(1820) can be thought 1(white), so we should've waited for the beginning of the next bullish impulse. 1798 was a good level to bullish at Fib61.8 with the support lines.
Because 1805 has been broken, we are on the strong bullish waves. Ultimately, we can expect that the price breaks 1916 if my counting is correct. It's too late to be bullish as of now, so we should wait for the beginning of the next bullish wave as usual. We mustn't be against the trend.
*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
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