{quote} hi waleed.khan thanks . the pattern (outside-c) on my second chart is not an ascending triangle it is a neutral triangle Neowave pattern . . i know Prechter but i dont follow any theorist . i understand that they labeled an ascending triangle wave 4 then expect wave 5 . to me the triangle on my first big chart is the last pattern of correction for gold . on my second chart the neutral triangle is the last leg of upper degree triangle . i only use waves to see the perspective and potential price actions.
{quote} wow wow wow
Gold had broke this channel, and I am looking further for at 1315, 1320, till 1330. If it retrace sufficiently, I will be more happy to load more longs. *btw the chart price or levels maybe be a bit different, as its a new broker im testing on it due to a myfxbook contest, hope it doesn't screw me up further. {image}
{quote} Resistance on 1312 area on daily and 1316 area on weekly accordind to my charts. So, if these area hold, we are still on downside. Maybe good entry to short. But not for buy now.
