Gold CMP 3980
Elliott- the C wave correction is over. The vth wave of C is a failure here. Which has made a double bottom now at the fib confluence zone of 3950.
Oscillator - both the oscillators are giving the permission to buy.
Directional Signal- we have a double bottom directional signal, giving permission to buy.
Conclusion - I dont know as of now if this is the bottom. But a rally from here is a high probability. The three day candle will end on Tuesday the 21st. If the candle close above 4105 it will be a trigger signal to buy. The three fib zones are ur targets.
Elliott- the C wave correction is over. The vth wave of C is a failure here. Which has made a double bottom now at the fib confluence zone of 3950.
Oscillator - both the oscillators are giving the permission to buy.
Directional Signal- we have a double bottom directional signal, giving permission to buy.
Conclusion - I dont know as of now if this is the bottom. But a rally from here is a high probability. The three day candle will end on Tuesday the 21st. If the candle close above 4105 it will be a trigger signal to buy. The three fib zones are ur targets.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.