As my chart , It seems like after an orange impulse wave (12345) we are on an expanded flat corrective wave (phosphoric ABC) and on wave C we are on a triangle wave (purple ABCDE), Then target of this correction maybe be around 2910 ! And after that continue bullish waves !
As u c in my chart the motive wave that has begun around 2538 should be complete at least around 2825 and maybe upper around 2884 before retracement . Maybe in Asia time on monday 3-Feb !
Its seem like we are probably on a retracement channel . As you see on chart ,I just drew two senarios for end od week .the green one and Purple. I think its important we consider this retracement channel in next days !
If this analysis be correct! its so important where is the end of 4TH wave (Purple)
Its possible that in daily timeframe we are on a corrective ABCDE structure ! as chart . what do you think ?
Hello guys We will have a very strong resistance around 1917 I think the price breaks from there towards 1780 Thanks
Hi everyone ! We have a bullish trend from 1787. We are on retracement of that to 38.2% (1838) . that will be bottom in my oponion . After that towards 1885 and 1900 . thanks
Are u confused with moving Gold ! Don't worry ! It will be known .Just be patient !
You can see that we are in a place that its very likely to have a pullback to down !
I think in daily time frame after touching 1820 zone we will have a retracement via pullback to 1920 zone and then bearish trend will continue !