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Very smooth flowing price action right now for Gold. After price reached our Wave 5 zone within the green resistance box, we saw bullish momentum slow down & a bearish rejection take place. We're now seen a break below + a retest of the green resistance zone. We should see bearish momentum continue to the downside in the coming weeks!

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Gold has been moving bearish as I said it would & hit our previous TP. So what's next? Option 1: Gold keeps dropping towards $2,980 next which is a huge support zone. Option 2: Gold pushes a little higher towards $3,040 before it starts to drop. Which option do you agree with more?

BA_Investments Updated 

Gold has been dropping lower today as I said would happen last night. So what's next? Option 1: Gold keeps dropping towards $3,020. Target is very close. Option 2: We see Gold consolidate and play out a redistribution schematic within this yellow zone. Which option do you agree with more?

BA_Investments

Gold is now down 570 PIPS from its high & melting down so far. Much more downside to come😉 We're currently seeing 'Minor Wave 1' of the overall bearish trend take place. Next we can expect to see a 'Minor Wave 2' correction. Those who haven't entered already, can take advantage of Wave 2 corrections. 📉

BA_Investments

Like I told you all on the video update, we wanted to see a push up into $3,030 - $3,050 which we successfully hit, before a decline takes place. Now that we’ve seen a major Wave 5 (made up of 5 Sub-Waves) complete, we are seeing bearish momentum kick in & start moving price lower. Slowly but surely📉 All major and minor waves of my Elliott Wave Theory is...

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XRP still has more bullish momentum left & we can see an ATH towards $0.45! Now that the XRP settlement has been dropped, there is not much stopping it from moving higher.

BA_Investments

So what's next? Option 1: Gold drops lower towards $3,020 as market is overbought. Option 2: We see Gold consolidate and play out a redistribution schematic within this yellow zone. Which option do you agree with more?

BA_Investments Updated 

Our $3,035 buy target has been hit. So what's next? Option 1: Gold drops lower towards $3,020 before pushing back up again. Option 2: Gold pushes higher towards $3,042 before it DROPS lower. Which option do you agree with more?

04:28

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As you can see from the video analysis, we’ve re-counted 5 Sub-Waves within the Major Wave 5 bull run. Now we’re waiting for some form of reversal📉 Selling Confluences👇 ⭕️Wave 5 Complete. ⭕️Bullish Momentum Slow Down. ⭕️DXY Found Support.

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BTC buyers are holding up nicely so far. We have even seen a BOS to the upside, indicating further upside will follow. Now that Wave 4 has taken out all late buyers, we can see smart money come back in now from these lower prices and push BTC back up!

BA_Investments Updated 

Last night I said I want Gold to hit $2,980 which it did this morning. So what's next? Option 1: Gold buyers hold steady & climb towards $3,020 - 40. Option 2: Gold DROPS lower from here towards $2,970 - $2,940. Which option do you agree with more?

06:23

BA_Investments Updated 

As you remember from Saturday’s update I did say that Gold has surpassed $3,000, which opens up potential upside towards $3,030 - $3,060. 2 Scenario’s On How It’ll Play Out👇🏻 Scenario 1: Gold has a 3 Sub-Wave correction towards $2,964 - $2,940 (Wave 4), before buyers come in. Scenario 2: Impulse move towards $3,030 carries on from CMP.

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As per yesterday's video update I gave you all, I said Gold would push higher into $3,030. That target has now been hit! Gold has pushed up strongly today, up 380 PIPS in less then a day. I'm waiting for bullish momentum to slow down as an indication that market structure will shift to bearish. I'll be keeping an eye on the smaller TF.

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Since I posted this the other day, Bitcoin has been pushing up in profit! After a redistribution phase where late buyers got wrecked at the top the market, we've seen price drop back down liquidating billions in buy orders in the past few weeks. I believe this Wave 4 shakeout will now be followed by another bull run, like we are seeing happen now.

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ETH buyers can't find enough momentum! That's the power of EW Theory strategy. We can see ETH remains within a 3 Sub-Wave (A,B,C) correction channel. From pure price action we can see that price remains bearish. Wave C target still remains around $786🩸

BA_Investments

Since I posted this last night, price of BTC has been pushing up very nicely! After a redistribution phase where late buyers got wrecked at the top the market, we've seen price drop back down liquidating billions in buy orders in the past few weeks. I believe this Wave 4 shakeout will now be followed by another bull run, like we are seeing happen now.

BA_Investments Updated 

Gold hit our $2,964 TP today, but failed to hold as resistance. So what's next? Option 1: Gold keeps pushing higher towards £2,993 before rejecting and dropping. Option 2: Gold DROPS lower from here towards $2,976. Which option do you agree with more?

BA_Investments

After a redistribution phase where late buyers got wrecked at the top the market, we've seen price drop back down liquidating multi-billions in buy orders in the past few weeks. I believe this Wave 4 shakeout will now be followed by another bull run.