GOLD TO $3000/OZ (after correction ofc)After my previous optimistic idea, here’s a scenario that seems much more likely! Now I can also see that gold needs a little break before it can head towards the $3000+ target price! I think the $2500 avg. price level is a very good entry point before the first wave of the fifth wave begins.
Eliottwaveanalysis
TLT BONDS ELLIOTT WAVE ANALYSIS: 19 DEC, 2024©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
The entire ((4))-navy wave most recently finished as an (A)(B)(C)-orange Zigzag, and the ((5))-navy wave is turning back to push lower.
It is subdividing into waves 1,2-grey, and they are complete, since the high of 94.85 the 3-grey wave is unfolding to push lower, targeting the low of 83.58.
Nifty Wave Pattern AnalysisNifty has been in quiet complex consolidation from last threeweeks and there is very unpredictable moves happeneing without clear trend.But now this expanding triangle wave 4 correction is getting completed at level 18136-18100.The next move is wave 5 target is 19000 level.