GOLD (XAUUSD): its the final countdown?
Well, according with the inner counts from an year ago and the big scale Cycle counts (related idea liked below), this would be a projection of the price of Gold in the long run in wich we may be inside a giant ABC 3,3,5 down, below 1300 area.
So actually we would stay into a wave 2 (ABC) that can be goes up into 1860/1880 area. Then, if the count is correct, we should see a huge move down below 1500 area before the long time retracement for the wave 4.
In the follow i will post some details and updates in the comments.
So actually we would stay into a wave 2 (ABC) that can be goes up into 1860/1880 area. Then, if the count is correct, we should see a huge move down below 1500 area before the long time retracement for the wave 4.
In the follow i will post some details and updates in the comments.
Note
Note
Count of the Wave 1 inside the C: Note
A inside the Wave 2: Note
Note
Possibile projection path: Note
Note
Note
a possible path to 1760 area (B wave?): Note
Note
Note
Note
This idea could be wrong (cause the wave 4 counted in this is not valid apparently), we might have to back to my old idea one here: 
Note
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.