We are in the final wave of a wave cycle, and the Fibonacci 1.382 level serves as the target for gold’s price movement. In this zone, rotational triggers should be closely monitored
It is currently completing wave C of the flat pattern. Soon, with the completion of wave C, I also expect the start of wave 5.
The $17 price floor is important for the symbol. If the price breaks above the dotted trendline shown on the chart, we can expect wave D to begin.If it loses $17, the second scenario will be activated.
We expect two types of correction scenarios. 1- In the form of erosion correction. 2- Correction to the Fibo range, so I think the price will continue to fall.
After reaching the price target of wave 5, we have entered the corrective wave correction. The corrective pattern has progressed exactly like the previous chart.
The correction of the combined price of WXY is being completed. After completing the corrective pattern, I expect the price to start rising.
It is completing wave 5 of 3. Long-term bullish targets are available.
The 5th wave is being completed. Consider the price Fibo target as a wave 5 target.
The 5th wave is being completed. Then a price correction is in my mind.
We are completing the triangle, after completing the final wave, I expect the price of wave 5 to rise
It is completing the final wave of the triangle. The pattern of wave 4 is a combination.
After the completion of wave c of the Ending Diagonal, now it goes towards the completion of wave d of the Ending Diagonal.
It is completing wave c of X. After completing the corrective wave, I expect the price to increase.
It is completing wave 5. Keep Fibo price targets in mind
Wave 5 of 5 will be completed soon. After reaching the price target, I expect a short-term correction and then a continuation of the upward price wave.
Wave b of Y has ended. The price should not move above 0.57. By maintaining these conditions, I expect a downward wave c from Y.
It is completing wave 5 of C of C. The specified Fibo range should be monitored. The trigger should be taken to start the D wave.