this is my analysis on GOLD i think GOLD will go up to area 1908-1927 to finish B wave on major cycle. then it will go down to C wave 1643-1577 area (wave 4 grand major cycle) before it goes up to finish wave 5 in grand major cycle. trade well and thank u.
There is 2 scenario playing on major trend (monthly) in my opinion 1. scenario 1 price will continue side way to finish wave 4 (flat expanded formation ,ABC in light purple colour, expected to be in 1684 area). 2. scenario 2 price will finish wave ii and continue to finish 5wave up in red colour ( price expected to be in 2574 area. so in short term D, i think the...
there are 2 scenario in GOLD 1. The green one that refers to strong bearish to 1638 area 2. the red one that refers to the starting of bullish trend it is just my opinion folks. thank you. have a good trade.