Hello Traders!
Last week Gold made a small Bull impulse, I see this as the start of a correction. That Bull impulse may very well be an 'A' Wave. if market corrects, that will be 'B', it may give a trade setup to catch 'C', that may be risky though since it is countertrend. after all that happens, market may just continue its Bearish trend. if it does and market doesnt stay in consolidation, that will be a very good trade! Good Luck to all in the following trading week and enjoy your weekend. Dont forget to show some support! :)
Last week Gold made a small Bull impulse, I see this as the start of a correction. That Bull impulse may very well be an 'A' Wave. if market corrects, that will be 'B', it may give a trade setup to catch 'C', that may be risky though since it is countertrend. after all that happens, market may just continue its Bearish trend. if it does and market doesnt stay in consolidation, that will be a very good trade! Good Luck to all in the following trading week and enjoy your weekend. Dont forget to show some support! :)
David K Giraldo
