Gold topped out around $3500 a few weeks ago and has corrected in a healthy pullback to our $3160 target for buying support. The uptrend line was again touched yesterday to be followed by strong buying support, this is a golden buying opportunity...the current wave 4 will be followed by a potentially strong upward thrust.
Wave 5's in metals are usually the strongest, based on the current pattern and first three wave move, our next target is $4000!
Position now, and the rewards are immense...a truly golden opportunity.
Appreciate a thumbs up, good trading and God Bless you all!
Wave 5's in metals are usually the strongest, based on the current pattern and first three wave move, our next target is $4000!
Position now, and the rewards are immense...a truly golden opportunity.
Appreciate a thumbs up, good trading and God Bless you all!
Trade active
Hold long for this ride, any pullback is to be bought.Note
We stay long, any close above 3370 is another green light!Trade closed: target reached
Back up the truck now.Note
Trade still open, back up the truck now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.