Although a bit early in calling the top two weeks ago, Gold has finally begun its descent to test the range of $1780-$1840 as previously predicted. Nothing goes straight up or straight down however.
Considering the sideways 3-3-5 movement expected in Wave 4 and also the 3 wave corrective move in B wave, I think its safe to say Gold will stick between $1880-$1980 for the next few days, before making its last leg down to $1780-$1840.
Considering the sideways 3-3-5 movement expected in Wave 4 and also the 3 wave corrective move in B wave, I think its safe to say Gold will stick between $1880-$1980 for the next few days, before making its last leg down to $1780-$1840.
Note
Exit stage right:Note
A wave has possibly defined its itinerary..Note
While the latest markup is what I believe to be the likely itinerary in short term, the main/primary idea on this post is not valid.As a result, this idea will be cancelled. Updates will be shared internally with my trading community.
#BullsOnIce
Order cancelled
closer inspection proves invalidity.
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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.