The best gold trading signals live today presented by Free Forex Signals
gold
sell from 1720-1728
Take profit 1670
Stop loss 1750
type order Market Execution is entering this trade at any price from 1728
technical analysis and forex signals for gold
waves in the same direction will tend toward equality
gold price decline from 1748 to 1660 to form wave A of potential expanded flat
Wave C = 1.618 Wave A that target 1600
Riding Wave C in a flat pattern and sell
Trend continues till gives a reversal trading signal
on hourly chart the Last wave determine the end of the pattern and Consists of zigzag that generate sell forex signals
reversal candlestick pattern on hourly chart is bearish engulfing pattern
The price behavior is the result of Environmental patterns
Current surrounding Repetitive pattern Wave C = 1.618 Wave expanded flat
History Repeats Itself that the future is just a repetition of the past
The length of the bullish movement from level 1658 to level 1738 appeared before on price chart on the same phase of trend on top of trend at 9-5-2017 and it was followed by bearish movement
We expect price will repeat the same movement again and gold price will be followed by equal movement at least near level 1649
The length of the bearish movement from level 1738 to level 1668 appeared before on price chart on the same phase of trend on top of trend at 25-9-2019 and it was followed by bullish movement
We expect price will repeat the same movement again and gold price will be followed by the equal movement at least near level 1720-1727
The equal waves in the same direction have equal corrections so gold will decline to 1637
Maybe the correction equal only one wave of previous correction equal 1620
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