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GOLD-Will reach 1740 ? for wave v of iii) or W)

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GOLD-Will reach 1740 ? for wave v of iii) or W)

MARKET COMMENTARY:


1. My previous trade plan for 1950 target got STOP HIT but i like to sell there @ 1950 not in BUY but i expected will reach there, FAILED.


2. Now it seems like a intermediate wave iv could be a triangle and it will reach soon to 1740 approx zone as i shown here.


3. Stop have to place @ 1798 once it broke the previous low 1760 and the target is 1740 NOT A GOOD RISK REWARD.


 DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


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Good analyzed
nmkvijay
Author
thanks lot and cheers
Is it is good time to sell right now?
nmkvijay
Author
Did you read the market commentary inside what i written and did you understand the RR what i mentioned there in CAPITAL LETTERS...later u can decide about the trade and i wont suggest any trade and i presented my view ...cheers

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