nezyrinfx

nezyrinfx

Gold price suggested to end 3 waves pullback from peak of $2070 to make as wave (iv) from low of $1877 and another high is expected to make the 5th wave in between $2094 - $2127 before another pullback in 3 waves to happen.

nezyrinfx

Price looks like pulling back for more upside. Upside target will be between $2043 - $2061.

nezyrinfx

Price could be ending 5 waves climb from low of $1913 to complete wave C of (Y) and completing the whole WXY Corrective Wave structure from the low of $1877. Expecting one more leg down at least towards $1869 at least.

nezyrinfx

Price broke above A of (Y) to confirm that this leg will be the wave C of (Y) and forming in 5 waves climb. Soon price will come into an area between $1963 - $1969 to end this WXY Corrective Wave structure and decline to take place for another leg lower at least.

nezyrinfx

Price bounce from the low of $1913 to make wave B of (Y) and suggested wave ii of C ended at the low of $1914 and expecting price to climb higher towards $1963 - $1968 to end this 5 waves and complete the whole WXY Corrective Wave structure before price decline for another leg lower for (C) or ((iii))

nezyrinfx

The drop in 3 waves from peak of $1950 unfolded as Wave B of (Y) that suggest ended at low of $1913. Expecting a 5 waves climb for wave C of (Y) before decline takes place.

nezyrinfx

Current price looks like forming in a triangle wave iv and one more swing up to complete this ABC Corrective Wave from the low of $1877 and expecting decline to take place either in wave (C) or (iii)

nezyrinfx

Double correction still could be in play and also overlaid here is a potential triangle wave B (red) that could be forming before a decline to take place towards at least $1832.

nezyrinfx

Price might do a double correction in the form of WXY Corrective Wave. Also a pootential Bat harmonic pattern that might complete around $1963 - $1965

nezyrinfx

After price decline in 5 waves from peak of $1974, price now looks to be making a 3 waves pullback. Expecting more downside after Wave (B) is completed towards $1851.

nezyrinfx

After 5 waves price decline from peak of $1913, price now seems to be pulling back in the form of ABC Flat Correction Structure. As long as price stays below $1913, still expecting price to decline to correct the cycle from the low of $1780

nezyrinfx

Looks like price suggested that 5 waves climb is over from the low of $1780 that ended at peak of $1913 and now anticipating a 3 waves pullback at least to correct this cycle before more upside to be seen.

nezyrinfx

Gold looks like have broken above the weekly triangle pattern and suggested to be completed as Wave (B) of an (X) at the low of $1780. Looking for more upside towards $1921 - $1986 before we either can conclude of this is a corrective wave or an impulse already.

nezyrinfx

Price suggested wave (iv) of (C) ended at the low of $1821 and another leg higher should be seen to complete wave (v) of (C) and the whole structure of ABC Corrective Wave from the low $1780. A decline is expected as long as price stays below peak of $1753.

nezyrinfx

A potential bat pattern for this pullback. Price to complete around $1845 and as long as price stays below last peak $1853, price is expected to decline.

nezyrinfx

A little update price might soon ending 5 waves climb from low of $1788 to complete ABC Corrective Wave from low of $1780 and soon we can see a decline towards $1729 at least.

nezyrinfx

Price top for Wave (C) at $1814 without hitting minimum 100% fib extension of AB. Came back down to make Wave (X). Expecting price to climb in another 3 waves of ABC to complete (Y) of WXY Corrective Wave before further decline.

nezyrinfx

Price hit 141.4% fib extension of AB to complete the ABC Expanded Flat Correction for wave (B) of ((ii)). Expecting one more leg up towards $1829 - $1831 to complete this whole ABC Corrective Wave structure from low of $1780 before further decline to be seen.