2606 1H PLAN GOLD looking up alone with new channel to 1813
Hello traders,
Gold got sideways for last trading week. I sent out a video last Friday to expect a strong new impulse leg up to last 1h resistance zone.
But it did not go so well or it did not rally up in one trading day. Looks like gold is now running alone with the bottom support line and it is possible to finish our plan in the first half of next week. On that case, a new possible ABC wave looks like this. And it is possible for GOLD to reach 1803, fibo 1.27 position of wave A. And gold could run higher position like 1815 if it run a new flat channel like the wider one.
And inside the wide flat channel, we could possible to expect a new swing speed up or down by crossing the average band.
We dont know which way could be. But we could prepare for that and hopping we can finish our last signal to its 2nd target.
Good luck!!!
LESS IS MORE!
Gold got sideways for last trading week. I sent out a video last Friday to expect a strong new impulse leg up to last 1h resistance zone.
But it did not go so well or it did not rally up in one trading day. Looks like gold is now running alone with the bottom support line and it is possible to finish our plan in the first half of next week. On that case, a new possible ABC wave looks like this. And it is possible for GOLD to reach 1803, fibo 1.27 position of wave A. And gold could run higher position like 1815 if it run a new flat channel like the wider one.
And inside the wide flat channel, we could possible to expect a new swing speed up or down by crossing the average band.
We dont know which way could be. But we could prepare for that and hopping we can finish our last signal to its 2nd target.
Good luck!!!
LESS IS MORE!
