Daily Gold is showing a corrective wave , mostly an Expanding Triangle. If the price did not trade above wave D , mostly it will breakdown wave C to form wave E in wave 4 then the price will make a new high for wave 5 . Invalidation : trade above wave D. Good luck
Wolf wave targeting 30$ , the top of wave 4 . Price =21.3$ Stop loss = 18.11$ Risk=3.19$ Profit = 8.7$ target expected to reach by 5 may 2022 as God well .
Time interval : daily harmonic pattern ABC Current price : 14.98$ Target price C : 18.23$ Stop loss : 13.33$ profitability :3.28$ Risk: 1.65$ best luck
important part of technical analysis is Support and Resistance. If the price rises to a level and bounces lower, failing to surpass it, that level is considered Resistance. When the level is reached again, considering that price bounced off it in the past, usually traders expect history to repeat itself and the asset to bounce lower again. Gold in weekly chart is...
possible 5th wave up then correction for wave 2 then up again ..
We need a breakout above wave 1 for a strong move for wave 3 . best wish .
SINCE we are still moving above the MA 20 and 50 it show a bullish sign . and if this is wahts going Im expecting a possoible impulsive wave coming if we break up the previous top . best luck
This is a week interval analysis . One of the worst possibilities for Oil is a double ZZ Wave WXY . We already finished the A wave of Y and we are about to go for a strong C wave down that need to break 50.95 of wave 1 .
tme interval: daily Possoible correction in a ZZ wave . B wave look triangle and preparing for a move down in c wave . invalidation : if trade above 114.55 1st target : 107.51 best luck