i think we got a big bear on XAUUSD
As the picture i've provided
I think we are close to bear market on gold spot
there are 3 possibilities from now on
1. ending diagonal
2. double three
3. triple three
In case of double three / triple three
so, we are on wave C of regular flat which is
Wave C generally terminates slightly beyond the end of wave A
Fibonacci ratio relationship
Wave C = 61.8%, 100%, or 123.6% of wave AB
and
In case of ending diagonal price will reach to touch around 2070-2075 again then fall
let's share yours, thanks
Remember that, nothing is certain
I think we are close to bear market on gold spot
there are 3 possibilities from now on
1. ending diagonal
2. double three
3. triple three
In case of double three / triple three
so, we are on wave C of regular flat which is
Wave C generally terminates slightly beyond the end of wave A
Fibonacci ratio relationship
Wave C = 61.8%, 100%, or 123.6% of wave AB
and
In case of ending diagonal price will reach to touch around 2070-2075 again then fall
let's share yours, thanks
Remember that, nothing is certain
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