Get started

WAVE-B

Silver Big Move AheadSimilar to my latest Gold Chart, I believe that the final impulse (sub) wave of the first leg up will lead us into a correction before or just after breaching 28.5. This will be underway with a breach of 26.3 (confirmation) and then 27 (participation). Correction at the top will be deep (~25.8), as it will be part of wave two. The first (non-believer) selloff in the first of three major moves higher from the bottom on March 31st. I think a healthy correction will bring us back as far as this 25.8 before true liftoff ~ in June? ~ The Gold chart is appearing to me very similar in structure. Outperforming US equities dramatically for the rest of 2021, with the first show of strength beginning now.
TVC:SILVERLong
by ptero1492
GOLD (XAU) 15min - EW cycles: Wave (C)We are going above than expected in the last idea (linked below), but i still think that we are in a Wave (C) before of a new low (to 1640 - 20 area), according with my counts. Precisely, it looks to me that we stay inside the last 5th wave of a "zigzag" ABC (5-3-5) where the first 5 (the relative A) are a w-x-y-x-z. I stay convicted that we are into a big correction so far, and only a break above 1826 (the final confirmation would be 1840) will invalidates this count. So, here is published the whole counts from March 8 in 15 min TF to monitoring what happens. Final levels to watch at (if 1790 will breaks) are: 1804, 1806, 1811, 1815, SLs should be above 1826 - 30 levels. Above that area i think this idea of the C will be invalidated cause in that case we may stay into the new Bull Cycle (the big 5th wave, precisely 3rd of 5th). I will post comments with updates of the counts here and on my old idea (on bigger tf). "Like with Cheers" would be appreciate if u like my work, thanks you so much! ;) May the pips be with you...
OANDA:XAUUSDShort
by fra978