Gold has already started the new bullish cycle
Medium-term Gold forecast.
The corrective cycle that started 2 years ago has finally ended, and we have already started the new bullish cycle. This cycle is wave 5 (orange) and is expected to reach at least the 2,100 level.
We bought Gold when the price was in the Inflection Zone (green area). At this moment, we are risk-free and waiting for the confirmation of the bullish sequence to try to enter again, targeting smaller timeframes corrective cycles.
We will keep you posted when this opportunity appears.
Have a fantastic trading day.
The corrective cycle that started 2 years ago has finally ended, and we have already started the new bullish cycle. This cycle is wave 5 (orange) and is expected to reach at least the 2,100 level.
We bought Gold when the price was in the Inflection Zone (green area). At this moment, we are risk-free and waiting for the confirmation of the bullish sequence to try to enter again, targeting smaller timeframes corrective cycles.
We will keep you posted when this opportunity appears.
Have a fantastic trading day.
Trading the Right Side team
All our links: bit.ly/m/TRS
NEW Free telegram channel: t.me/tradingtherightside
All our links: bit.ly/m/TRS
NEW Free telegram channel: t.me/tradingtherightside
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