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the_sunship

Possible B wave complete on Gold

Corto
Oro al contado/Dólar estadounidense (OANDA:XAUUSD)  
the_sunship Actualizado   
OANDA:XAUUSD   Oro al contado/Dólar estadounidense
Trend Analysis XAUUSD Gold
8
3
trendanalysis xauusd gold
Didn't see this possibility until last night.

Daily/weekly bear divergence + resistance at upper channel tells me this expanded flat may be playing out.

After C is complete we should have another large impulse up.

Good luck!

Comentarios:
Gold/Silver ratio indicates Silver may fall more than Gold (percentage - wise)
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Comentarios:
looks like one more higher high to complete the channel
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Comentarios:
Channel break on Gold
snapshot
Comentarios:
really needs to get under 1700 to confirm change of trend
Comentarios:
Broke channel, may retest it before going lower. If it gets solidly above the channel again, expect more upside
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Comentarios:
Lower Channel trendline would be the Head and shoulders target for gold - around 1600
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