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12 de Dic. de 2019 14:25

AB=CD on GOLD Largo

GoldOANDA

Descripción

Amazing flag representing the fourth Elliot wave.
The fibonacci retracement only reached the 0.618 witch means we probably see an AB=CD pattern.
The RSI line already broke and retested the trend line.
I'm long on it, the take profit will be aroung the 1750$ area.

The wave 5 on Gold could may be reached along with maximum prices of the stock, ending the bull cycle witch kept over more than 10 years.
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TIME TO CLOSE THE TRADE
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We can take some profits and open more positions when the price reach the 1520$ area.
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