XAU.USD path to $1650 on way to $2100? Gold wave (5) of (iii) ?
Updated
Multiple TimeFrame view of the Waves with Fibs.
Each Wave has an "Impulse" followed by its "Ripples".
We may be starting the next Leg up in this timeframe.
Left chart is Daily tf plotting the fibs of wave (1) and (3).
Right upper is 3h tf plotting wave (4) correction downward.
Right lower is 21 min tf plotting possible wave (5) starting.
This entire move could be wave (iii) in this BIG picture to $2,100
I will post this plot as a separate Idea once fine tuned.
Previous Gold Analysis (click):
$1555 top call<= Just in Time
$1406 to $1525<= Awesome Long
$1386 bounce
$1439 top call<= To the Penny
$1332 bounce
$1320 top Call
$1270 bounce[/url]<= To the Penny $1280 break $1380 call <= 8 mos ago Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line. .
Each Wave has an "Impulse" followed by its "Ripples".
We may be starting the next Leg up in this timeframe.
Left chart is Daily tf plotting the fibs of wave (1) and (3).
Right upper is 3h tf plotting wave (4) correction downward.
Right lower is 21 min tf plotting possible wave (5) starting.
This entire move could be wave (iii) in this BIG picture to $2,100
Previous Gold Analysis (click):
$1555 top call<= Just in Time
$1406 to $1525<= Awesome Long
$1386 bounce
$1439 top call<= To the Penny
$1332 bounce
$1320 top Call
$1270 bounce[/url]<= To the Penny $1280 break $1380 call <= 8 mos ago Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line. .
Note
Staying well in Sync with the Green (upward) fib .
Note
Perfect bounce from the $1450 zone Wave 5 under way!
.
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