rudyjo

GOLDIE at the End of The Year

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CAPITALCOM:GOLD   Gold
Hello guys, Merry Christmas. I wish you a joy of luck, happiness, and abundance.

I suddenly got an idea to share about GOLD's wave, Here's what I see.

Recently as you can see, GOLD just rebound and create an IMPULSIVE wave but that bothers me and
i'm just wondering if it's a correction from the BIG DOWNTREND wave which is CORRECTION WAVE D (Green).
I also post 3 possible scenario of what could happened hopefully if it's really a CORRECTION WAVE D.

From the latest pattern, you also can see a "Rising Wedge Pattern". Which could lead us to the next possible Downtrend.
We also can see from the "Rising Price" supported by a "Lower Volume" (Sinking).
MACD also showing a "Bearish Divergence".
Latest news also showing that the WAR is about nearly an END.

From all those factors, Gold really shows us that it wants to go DOWN.
That's all.

Disclaimer ON.
Wish Us Luck.
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