GOLD (XAUUSD): big complex moves 'till the end of the correction
Updated
This is my last analysis on big the scale on GOLD.
According to this I dont think we are in the bull run yet, but we are moving into big complex corrections internally composed all by three drives (different series of 5 3 5 and triangles that often looks like 5 impulsive waves, but they arent, for me).
So this could be the last move up to 1762 - 87 before another big dump to 1630 - 20 area for the last real correction before the next cycle.
I'm still watching closely all the inner moves, measuring and counting those to try to predict the upper waves and from a month, untill now this is the only count that makes a real sense to me.
So lets see if this will be followed by the price.
According to this I dont think we are in the bull run yet, but we are moving into big complex corrections internally composed all by three drives (different series of 5 3 5 and triangles that often looks like 5 impulsive waves, but they arent, for me).
So this could be the last move up to 1762 - 87 before another big dump to 1630 - 20 area for the last real correction before the next cycle.
I'm still watching closely all the inner moves, measuring and counting those to try to predict the upper waves and from a month, untill now this is the only count that makes a real sense to me.
So lets see if this will be followed by the price.
Comment
April 2 / 5, i'm already watching from days at this complex moves on the big scale: April 6, double zigzag correction identified:
April 8, ABCDE (triangle) after double correction:
The entire view of subcounts from March 8 on 30min and lower tf:
Comment
New impulse of 5 waves on 5min tf after the ABCDE from yesterday: Comment
Of course there is also a counter count in the bulls view, that is pretty valid: Comment
progression of the idea: Comment
May we have done? Comment
A move like this is still possibile if my idea is correct: Comment
Beware, I may start to consider this count as a big wave 1: Comment
... or a C: Comment
In this second case, the targets could remain valid, but the waves labeling wouldnt be correct.Comment
? Comment
Updates in the big scale: Comment
Ok, if this idea of multiple corrective moves up (looking like a 5) is correct, we should also have completed the last ABC: Comment
This would be the opposite view: Comment
It makes terribly sense: Comment
Comment
We might have done here: or continue with another wave up to 1804:
cause the subcount looks like we have completed only the relative wave 3 and we are into the 4 now:
Comment
ok, we might also have done with the relative C (yellow) The inner count might be already completed:
Comment
We got shorts at 1787 and 89 and we are holding till at least the completiotion of the relative C down around 1755 - 52 area, then will hedge and see how it will developes the structure, cause from that point it could also bounce up again. Comment
Be carefull to 1761: Comment
a better subcount in lower tf that looks good atm: Comment
something is not good with the above post.Comment
Be carefull because this range could be also the 4th wave before the leg up (wave 5) that i mentioned in the past post that could be missing. pratically, we could stay here: Comment
this is really plausible if we are into a 5th up: Comment
means that above 1811 - 19 area this idea will be invalidated.Comment
April 16: s3.tradingview.com/snapshots/g/GlgrFWqS.pngToday:
Comment
Well: this is not going up like an inner impulsive wave in my opinion (it should be the 5th but the inner count of this 5th would be really weird, so far it looks like an abc), lets see. This could be the counter count, and thr red from 89 could be a wave 1 on the contrary :D Comment
So, only a strong break out of 90 willl confirm the 5th up, in that case we will reach 804 - 811 area i think.Comment
Btw... on lower tf, the waves are all there and the count looks perfectly regular, with a 5th in play: Comment
This would be the entire count from March 8: Comment
this remains valid: Comment
The current situation: Follow the subcounts on my new idea here:
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Updates will be posted on the new idea, here (click to see and like it): 
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Progression: Comment
Well, also if this idea Comment
Well the ABC is completed, if we goes higher we have will to look at the bull count probably: Order cancelled
This idea has been invalidated.Related publications
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