a plan to follow the footprint of the gold price:
chart simulating the plan and pattern for the ELLIOTT wave in gold price.
-price increases complete the impulse wave (3)-red. price range 2800.
Then adjust quickly and strongly to wave (4) red - 2605.
Is a 2000 pip profit opportunity in November coming our way?!
交易進行
warning!I think gold will fall further, 2605 is just the first target. There are different scenarios, the price drops to 2575-2500 (even 2400)
- Recommendation: do not take profit on selling orders, do not open new buy orders (even if it is scalping)
- Wait: we will have a big profit, and there is a super profitable buying opportunity at the end of the correction wave.
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