GOLD: Golden Opportunity Summary +2827 Pips Profit In 4 Months!

2 בדצמ׳ 2016

This post is to recap my idea I posted 4 MONTHS AGO where I said that there was a GOLDEN OPPORTUNITY in Gold that was coming. You can see how we traded it and how this "GOLDEN OPPORTUNITY" I posted about unfolded. By recapping it, you can see clearly how my trade plan and my wave count worked to perfection! This is a nice lesson on how you form a trade plan and how to trade it! When you do so, this is what can happen! So PLAN YOUR TRADE! TRADE YOUR PLAN!

Do you remember this post from 4 MONTHS ago? :

Well, if you had followed my advice from my post from then and since, you could've pocketed +2827 pips profit as well! In that post, I said that "GOLD is poised for a LARGE MOVE!" In actuality, in that post, I was referring to an initial wave 1 move down which we traded and banked +360 pips! After that trade, we BOUGHT and profited from a nice initial wave 2 move up for another +236 pips! But on 9/6, I posted this post where I said, "A Change In Wave Count Reveals A BIGGER Move!' (see this post:

)

In that post 3 MONTHS AGO I warned that we were going to see a wave 3 DOWN to come! And we closed our previous long trade and SOLD into a wave 3 down as I posted would happen! We pocketed a nice +739 pips on that wave 3 down! Well, after a wave 3 must come a wave 4 retrace, right? We BOUGHT on that wave 3 end and for the retrace and we banked another +443 pips on that retrace! Then came TRUMP and the US elections! Now I admittedly had stopped posting here by then but we did SELL when I saw that prices hit the MAJOR DT TL and were rejected! We made another +1049 pips off the current move down!

Now that we are seeing the end of this current downtrend, what is the next move? Well, if it is ending as I think it should and we should see yet another push down first, then we can see that there is a nice opportunity coming to profit yet again!