Long

XAUUSD/Gold/down or up ??

Updated

As per Elliott count on medium high time frame gold is within wave 5 . It has achieved the half of wave 5 and half or slighly higher than half is still pending. D wave system has been used to identify the Elliott waves on Gold. D waves system is an Elliott wave detector. So one the basis of this analysis we expect gold to reach 2360 zone.

This is not a financial advice. Make your own research before making any investments.

Note

least views on this. no one is believing the real things.

Note

Gold targeting ath to 2370+ as per D waves system count on Elliott wave count. this is not a financial advice . Make your own research before any decision.

Note

There have been least view on this post, it seems that Gold is not concerning anyone. OR this setup is not attractive or convenient or against the expectations of everyone ???

Note

bulls can be hunted but overall its buy zone.

Note

without stops ?

Note

The bull run should continue as reported by D wave system.

Note

Bear trap zone 2165.

Note

bulls are strong as reported by D wave system.

Note

Gold making a wave 3 channel on TF4 as per D wave system. It means a big breakout as indicated on higher Time Frames also.

Note

Gold may surprise everyone like BTCUSD did. There being a major channel breakout from 2040 zone it is priting a major wave 5 and is expected to complete in 2370 zone.

Note

Gold now is in BUY THE DIPS mode.

Note

Wave 5 on Elliott is not complete yet. So bullish momentum on Higher TFs still.

raghufx

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.