Apologies, had issues with my computer-
From Dec-2015 Lows@1045 - Gold could be forming An A-B-C Structure (Red Color). Red B-Wave looks like taking shape of Triangle (In Triangle we have orange waves A-B-C-D?-E?). Currently we are running in Orange D?-Wave of Triangle B(Red Wave).
Trading Strategy- We are short from close to 1365$ & Put up a low@1321$. In recent price action, there sharp move down till 1321.8$ but failed to take out 1321$-Low that means possibly it is putting a low in C? Wave (Orange) at 1321$. Going above 1335$ -which it has already done once -we should be cautious & ready for an up move in the zone 1360-1365$ where it will get resistance of falling trendline -which should end the D?-Wave.
Regards,
Abhishek H.Singh, CMT
From Dec-2015 Lows@1045 - Gold could be forming An A-B-C Structure (Red Color). Red B-Wave looks like taking shape of Triangle (In Triangle we have orange waves A-B-C-D?-E?). Currently we are running in Orange D?-Wave of Triangle B(Red Wave).
Trading Strategy- We are short from close to 1365$ & Put up a low@1321$. In recent price action, there sharp move down till 1321.8$ but failed to take out 1321$-Low that means possibly it is putting a low in C? Wave (Orange) at 1321$. Going above 1335$ -which it has already done once -we should be cautious & ready for an up move in the zone 1360-1365$ where it will get resistance of falling trendline -which should end the D?-Wave.
Regards,
Abhishek H.Singh, CMT
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.