TRIGGER is required for any arrows on the chart. Read the below please:
After reacting from the highest top,
GOLD is on the way to completing its second wave - i.e. the correction wave two. Meanwhile, it seems that the second wave is trying to be a big AB=CD. However, the sellers' power is not enough to make the GOLD price reach PRZ. I personally expect that TRZ of gold will be finished without having down movements bellower than $1875. But break-down of $1916 and having a pullback to it (blue arrows in my chart), will bring us a good opportunity to have a sell till $1875 with TRZ of April 22-25, 2022.
In the long run, I am waiting for the breaking $1965 and a slow pullback to it, to have a long position and gain from the big wave three.
After reacting from the highest top,
GOLD is on the way to completing its second wave - i.e. the correction wave two. Meanwhile, it seems that the second wave is trying to be a big AB=CD. However, the sellers' power is not enough to make the GOLD price reach PRZ. I personally expect that TRZ of gold will be finished without having down movements bellower than $1875. But break-down of $1916 and having a pullback to it (blue arrows in my chart), will bring us a good opportunity to have a sell till $1875 with TRZ of April 22-25, 2022. In the long run, I am waiting for the breaking $1965 and a slow pullback to it, to have a long position and gain from the big wave three.
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.
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.