Gold Spot / U.S. DollarUpdated Golden dog XAUUSD
I just did my EW analysis on gold in free time from 2018 till now and the charts look like a mess..
After that I check some professional trader predict gold will go down as low as 1839 something. I have no idea, maybe price action works better than this Eddiot wave..
Or maybe i dont know how to use this method.. From this perspective gold can make new ATH within months or years.. Maybe end of this year in inflation keeps increasing globaly and bitcoin and stock look like shit.
This just for reference and entertainment purpose only..
After that I check some professional trader predict gold will go down as low as 1839 something. I have no idea, maybe price action works better than this Eddiot wave..
Or maybe i dont know how to use this method.. From this perspective gold can make new ATH within months or years.. Maybe end of this year in inflation keeps increasing globaly and bitcoin and stock look like shit.
This just for reference and entertainment purpose only..
Note
i think probably 1 more leg wave C at fib 0.5 1830 or 0.618 1819
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