Gold to Break the Recent Low Tonight or Tomorrow

ที่อัปเดต:
It looks like we have an impulsive count to the downside for a C or 5th wave. I'm looking for the Green 5th wave to extend to the deeper fibonacci target of 278% after a decent 4th wave bounce... but first it needs to complete blue 345 to the downside.

Deeper Targets possible - will update the idea as it progresses.
บันทึกช่วยจำ
I would love it if Blue 3rd or 5th extends but I expect it to be green, it's usually the last 5th wave that sinks the battleship... but then Gold doesn't usually do what I tell it to either, so that's IF...
บันทึกช่วยจำ
Blue 5, Green 3 - sorry working off my minutes chart...

สแนปชอต
บันทึกช่วยจำ
We should be making Green (4) now main chart top of the page...

Which is Teal Circled 4 on the this chart.

สแนปชอต


There's a chance 4 is over in a single wave, but probably not - more likely it will take two hours to complete or more.
บันทึกช่วยจำ
I still have my puts, I will close them over the pictured 62%
บันทึกช่วยจำ
Actually I think will be starting Teal 5 any second... if this was a C wave of 4 it would be climbing higher faster most likely.
บันทึกช่วยจำ
สแนปชอต - meant to paste this
บันทึกช่วยจำ
If anyone is following, please leave a comment!
บันทึกช่วยจำ
Consider taking some profit at 2325 - there is a reasonable chance we get an even bigger bounce there.

สแนปชอต
บันทึกช่วยจำ
The stab lower that just occurred could have reversed and started a 4th wave - but instead it looks like it is a 1st wave of an extension. Stay Short.
บันทึกช่วยจำ
And 2322 was the bottom of that wave - big 4th underway now.
บันทึกช่วยจำ
I think the 4th wave will be wrapping up on the next high... not sure we didn't make it very high but clearly the trend is strong.
บันทึกช่วยจำ
Next pop will be 38.2%, a completed ABC to 123% and 5 waves up for C - that has a reasonable probability of being it.
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
As messy as my minutes chart is - the wave finished exactly at 162% - and so far we have ABC up... once B down is complete and if we get really lucky, we may get a super strong C wave up next... hopefully all the way to 50% with only small dips... but there's no telling for sure once you're in corrective waves.

สแนปชอต
บันทึกช่วยจำ
I think this should be what we see next.

สแนปชอต
บันทึกช่วยจำ
Never mind i do not trust it to that high - update in a second
บันทึกช่วยจำ
Tricky tricky gold... this seems most likely.

สแนปชอต
บันทึกช่วยจำ
สแนปชอต

I think we're in C down... it will be 2310 if it's 50% of A... 38% would come in at 2314.
บันทึกช่วยจำ
สแนปชอต

feels like we're definitely in C down now. Same targets.
บันทึกช่วยจำ
Bottom's in I'd say
บันทึกช่วยจำ
No no never mind making a 1-2
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
I think the market turns around on the next low... to make the 4th wave anyway. Close on the next dip for sure.

สแนปชอต
บันทึกช่วยจำ
tradingview.com/x/59UYHzyK/It may have already completed 3 in a broadening diagonal - I don't think so but it's possible. The recent waves are likely a 4th wave before one more down - BUT they feel exactly like we're already in the larger 4th wave.
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
Fold flagging - fib targets 2275

สแนปชอต
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
Elliott WaveTechnical IndicatorsWave Analysis

คำจำกัดสิทธิ์ความรับผิดชอบ