Gold NEW ATH to $2,954?! (1H UPDATE)

há 5 dias

Gold on the 4H TF is within its final Wave 5 bullish move, there’s no arguing with that. The only thing to debate is how high can Wave 5 push up before reversing?

While it’s possible that Wave 5 has now peaked at $2,942 & ready for a major correction, on the 1H TF I see a small possibly of it creating a new ATH toward $2,954. HIGH RISK TRADE.

Confluences👇🏻

⭕️Distribution Schematic Taking Place Between Wave 3 High, Wave 4 Low & Wave 5 High.
⭕️Wave E Rejected From Psychological Number Of $2,940 (LQ Trap).
⭕️No Strong Sell Off Yet To Indicate A Reversal Has Started.

anteontem

Trade fechado: objetivo atingido

Gold buy officially CLOSED OUT at £7,600 (480 PIPS). Profit has been banked for my bigger Gold Fund investors.

Anyone still holding, feel free to close out your profits or hold open at your own risk.