Hellen's thoughts

[Hellena Trade]

#GOLD
🔔(UPDATE)🥇 GOLD (4H): LONG to resistance area of 3400 (Wave 3).
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➡️Bulls took the initiative and now we can say that most of the way to the goal is passed.
The level of 3374 has been overcome, which means that wave "3" will continue its development. Do not forget to reduce risks.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

 

[Hellena Trade]

#Oil
🔔(UPDATE)🛢Oil (4H): SHORT to support area of 60 (Wave "3").
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➡️Great - price has reached the resistance area near the 66 level. Now I recommend looking only at short positions.
It seems that the price will not reach the target immediately. Maybe I will update the forecast as a new idea.