Hi guys
as you seen in the chart of Gold the wave number 5 of Elliot wave should form and we see that the line of Fibonacci ( projection 100%) and price cycle of rate Expansion (100%) coincide the up trend (resistance line) and the top level of channel
so we see that the price touch the 1800$ -1900$
on the other side if price break down the dynamic supportive line maybe the price touch the 1665$
the chance of touch this price is low but we know that in this world everything is possible
of course this is my personal idea
thank u ❤
as you seen in the chart of Gold the wave number 5 of Elliot wave should form and we see that the line of Fibonacci ( projection 100%) and price cycle of rate Expansion (100%) coincide the up trend (resistance line) and the top level of channel
so we see that the price touch the 1800$ -1900$
on the other side if price break down the dynamic supportive line maybe the price touch the 1665$
the chance of touch this price is low but we know that in this world everything is possible
of course this is my personal idea
thank u ❤
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.