COMPLEX CORRECTIVE STRUCTURE FORM FOR GOLD

8 באוק׳ 2020

Once the price already touch my 38.2 level of fibonacci yesterday, my yesterday counting does not valid anymore. My opinion Gold will make a huge unclear corrective structure. In this situation, normally i will use the idea of WXY structure which is price will make 3 or 5 structure up and down. use this oppotunity to buy and sell once price retest any above and down trendline until it make clear and clean break the trendline. If u want to swing sell position wait until price retest at fibo level 38.2 or 23.6 of wave 1 impulsive. Once price make clean breakout, this counting already invalid.