Last very short-term analysis:
Gold very short-term

The price moved back and forth in this rest period. Now 1528$ (R1) may become new support to start 5th wave (green scenario) or may not and S1 act as support (orange scenario).
Note that It is a very risky situation. Price has reached medium term high and close to long term high. watch your position and set reasonable SL and TP.
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15 M time-frame
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Steady amont of demand but some shocking supply. Hope for the green scenario is high.
p.s : HIGH RISK
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in the middle of the green zone...
may have some minor corrections.
Operación activa
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A more exact chart with some corrections:
Gold medium-term waves
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Considering above chart and bearish signals, both green and orange scenario is under doubt now.
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little to go to see if orange scenario is valid or not?...
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check last updates here:
Gold very short-term
Chart PatternsElliott WaveGoldshort-term-tradeSupport and Resistance

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