Gold Short Trading Opportunities (Elliott Wave Analysis)
In this article I will be discussing my Main Elliott Wave Count for the Gold Market.
It seems that we are in corrective Wave 2 and within this Wave 2 we are just about to complete Wave B.
We should look for reversal near the 1240 region and and if a reversal occurs as I expect it to then the market should turn around and achieve levels uptill 1176.
SL can be place above 1246 and if this opportunity occurs then this would be a very good risk to reward trade setup as you can see.
It seems that we are in corrective Wave 2 and within this Wave 2 we are just about to complete Wave B.
We should look for reversal near the 1240 region and and if a reversal occurs as I expect it to then the market should turn around and achieve levels uptill 1176.
SL can be place above 1246 and if this opportunity occurs then this would be a very good risk to reward trade setup as you can see.
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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