✅PREVIOUSLY ON GOLD It's thought that the bullish trend has begun since 1753. There's 5 waves from 1753 to 1831. 1831 can be counted as 1(white).
✅WHERE WE ARE If 1831 is counted as 1(white), we should recognize 2(white) to be bullish. Last Friday, the price was bounded around 1782, which is Fib61.8, forming bearish 3 waves. The price is getting convergent, thus a big movement is coming.
*As long as 1753 remains unbroken, this idea is valid.
💡The absolute principle for trading💡 BUY - as low as possible SELL - as high as possible
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