Emirah

Emirah

if price breaks markets recent high, I am going to continue following the trend of the market, going long

Emirah

Using Elliot wave, looking at the patterns the chart is forming, and the direction of the trend, I can see it's a bullish trend. However, It's at a zone of retesting, so I wanted to see based on my top down analysis, whether I could Catch a few pips in the 15min time frame, possibly in the 1hr time frame also. But I am aware the main direction is bullish. I am...

Emirah

Upon analysing every degree, something was common. And it was that the next wave is upwards. The fashion or the type of wave it is going to create is not that important to me just yet, as I am aware that it is forming an impulse wave overall in the 1 Hr time frame. I believe in the 1 hr, it is completing its second wave and entering into a strong third wave, and...

Emirah

Upon Analysing the Waves and the structure that the market is making within all time frames, I can see that Gold still has great potential of staying in the uptrend. Fib, wave analysis and structure are all saying the same thing. Its a decent buy for now. May go into a little Retracement but, the move is still an upside.

Emirah

Using a wave strategy

Emirah

Currently completing a retest, but I believe there's Momentum to push towards the upside in the 1.618 region on the fib, my first TP will be at the 0.618 point, there may be a possible retest at the 0.618, but could possibly execute to the Golden rule.

Emirah Updated 

Analysis.. What's your thoughts?

Emirah

Let's see.

Emirah

Identified a pattern the market was making, based off of elliot wave strategy, and i believe it will follow through

Emirah

I believe it's going up, due to the type of pattern this chart is making. It's completing a particular wave, as to why i believe it's going to go up. Lets see.