✅PREVIOUSLY ON GOLD
From 1877(lime3) to 1753, ABC corrective waves are formed and 1753 can be numbered 4(lime), it is thought.
BULLISH IMPULSIVE WAVES WOULD GO ON🌊



✅WHERE WE ARE
As 1753 can be numbered 4(lime), we should've waited for the beginning of the next bullish impulse(blue circled 2), which should've been around 1790 - 1776.
WE'D FACE THE STRONG BULLISH IMPULSIVE WAVE🌊


If my counting is correct, wave 3(blue) must break 1814, so wave 3 could form extensions(white) to break 1814.

As of now, 1801 - 1795(Fib38.2-61.8) could be a good zone to be bullish again.

*As long as 1784 remains unbroken, this idea is valid.


ðŸ’ĄThe absolute principle for tradingðŸ’Ą
BUY - as low as possible
SELL - as high as possible

PLEASE DO NOT FORGET TO SMASH LIKE👍ðŸŧ AND FOLLOW MEâĪ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
Elliott WaveTrend AnalysisWave Analysis

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