Dear Colleagues, I believe that gold will start an upward movement, but first we need to complete wave “C” in a major correction. For this, the price needs to reach the area of 100% Fibonacci extension level (2331,559). A small correction to the 2420 area is possible first. The bears have not lost their strength yet. Manage your capital correctly and...
Dear Colleagues, I believe that the price will still continue its upward movement. I believe that we are witnessing the development of a five-wave impulse and very soon the price will start moving in wave “5”. I expect that the price will either start its upward movement immediately or after a deeper correction to the area of 5477. After that I expect to reach...
Dear Colleagues, It looks like price has completed an upward five-wave momentum move and is now in an “A B C” correction. Therefore, I expect the price to reach the area of 50% Fibonacci level 2439. I will then expect the price to decline. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I believe that the price has completed the wave “3” of small order and now I expect the completion of the wave “3” of medium order in the area of 2512. A small correction to the area of 2442 is possible, because wave “4” has not yet marked its minimum. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I believe price is in wave "3" of all three orders (small, medium and high). Therefore, I expect a small correction to the area of 2410, then a continuation of the upward movement, overcoming the strong level of 2449 and reaching 2477. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I believe that the price is in the wave "3" of the senior order and wave "1" of the middle order. Therefore, I expect one of 2 variants of events: 1) Price will continue the wave "1" and reach the resistance area 1.09138; 2) Price will make a correction to the 50% Fibonacci level of 1.07655 and then continue the wave "3" of medium order. Manage...
Dear colleagues, I assume that the price will continue the upward movement. A small correction is possible, but the wave "1" of medium order should be completed. I assume that it will end at 161.8% extension of Fibonacci level 5684.2. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear Colleagues, I had to review the wave analysis and I believe that price has not yet updated the highs. At the moment the price is in wave 1 of medium order. It is an impulse wave consisting of 5 waves. Possible correction to the area of 2348 then continuation of the upward movement to the resistance area of 2418.7 . Manage your capital correctly and...
Dear Colleagues, in general I see that the price will still rush upwards, because now the wave "3" of higher order is developing. But I believe that now there will be a correction to the area of 50% Fibonacci level (39,059) in wave "2". But before this correction, I believe that the price will complete a 5-wave movement in lower waves. Manage your capital...
Dear colleagues, it seems that the price is not stopping after all and continues the downward movement. At the moment, I expect that wave "2" of the higher order will end and a strong upward movement in wave "3" will begin. The nearest target is the resistance area at 1.08501. The support area is 1.06356. Manage your capital correctly and competently! Only...
Dear Colleagues, I believe that price will continue its upward movement to the 5549 area. I think that now the wave "3" of the higher order continues its active development. Possible correction in wave "2" to the area of 5369.9. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, I've been thinking and drawing waves for a long time and here are my thoughts. I believe that Price will still reach the target level of 100% Fibonacci level extension 2266.738 . Price is now in a wave "4" of higher order and in a small but complex correction. Corrections are always complex and not predictable, but wave "4" should be completed....
Dear Colleagues, the price is rebounding and I believe that the wave "3" of the higher order has just started its upward movement. At the moment I expect a correction in the lower wave "2" (1.07741) and then the continuation of the upward movement to the target of the nearest maximum of 1.09168. Manage your capital correctly and competently! Only enter trades...
Dear Colleagues, as in the last forecast I assume that the price was moving in wave “4” and is currently completing this wave. I expect the wave to start downward movement and reach the support area (minimum of wave “3”) at 72.631. Because this movement will be the development of wave “5” in the ending diagonal. Manage your capital correctly and competently!...
Dear colleagues, having reviewed the waves I assume that now the price is in a big correction and I expect that the price will continue downward movement to the support area 37616.32 (completion of the wave “C”). Before that a small correction to the resistance area 38978.81 is possible. Manage your capital correctly and competently! Only enter trades based on...
Dear Colleagues, the news had a big impact on the price last week. I think that everyone felt these changes. My last trade went to breakeven, although it was very close to the target. Now I believe that wave 4 is still not complete. This means that I expect further price decline to the area of 100% Fibonacci extension level at 2252.844. Of course, I expect a...
Dear Colleagues, after such sharp moves and breaks, the wave markings may look a little strange and break some rules, but this is rare. In this case, I still assume that all this movement is a movement in wave “2”. And it won't be long before the long awaited upward movement begins. Plus, the gaps are most often closed. I expect that the price will push from the...
Dear colleagues, since the 5351 level has been broken, I believe that wave “2” has been completed, which means that wave “3”, which consists of five small waves, is currently developing. Now I assume that either the price will continue the small wave “1”, or will form a small wave “2” in the area of 61.8% Fibonacci level, then continue the upward movement to the...