


nezyrinfx
Wave (B) of ((ii)) suggested to have ended as Expanded Flat Correction ABC and right now price is to expected to decline to complete Wave (C) of ((ii)) before moving up again in at least 3 waves.
Looks like wave (B) (red) forms in a triangle structure and now price has broken down below the end of wave (A) and soon will complete wave (C) before climbing back again to finish off wave ((5))
Price climb from the low of 7th April is close to an ending for 5 waves and soon will be making pullback.
The decline from peak of $2063 suggesting to complete as 3 waves at low of $2016 and we might see an ABC Flat Correction structure to complete wave ((ii))(blue). Expecting 5 waves up to $2074 - $2083 to end it.
From previous analysis, an ABC Running Flat Correction could be ended at low of $1680 and price might climb to make new high.
Price decline from peak of March suggested to end with 5 waves internal structure of Leading Diagonal. An ABC Correction is anticipated to happen before further decline. Alternatively, price ending at low of $1680 could be a Running Flat ABC from peak of August 2020 and price is starting to climb towards $2500 - $2700.
Wave from the low of 15 June could be unfolded as a Leading Diagonal structure that ended at peak of 1.0614. Wave ((b)) suggested to end with 3 waves decline from peak of 27 June. We probably could see another short term high to complete this ABC Corrective Wave.
The climb from the low of $164.65 is revealed as 7 swings structure in the form of WXY corrective wave to complete wave (ii) of (C). Expecting price to decline in another 3 waves after this structure complete to correct the cycle from the low of 12th May.
Price is within 100% - 127.2% fib extension from low of $141.38 and anticipating price will end this correction and begin to decline towards $137.81 to correct the climb from low of 7th March.
Price climb from the low of 16th May looks to be forming in a WXY Corrective Wave structure where wave (X) looks to be formed in a flat correction of ABC. We could expect a pullback after the rally on 10th June for wave (B) of (Y) before another push up for wave (C) of (Y) to complete this retracement from peak of $2070.
Price broke lower than the low of 3rd May and suggesting 5 waves down move from peak of $2070 is taking place. Price might extend much lower before a bigger pullback to happen. For now, price suggested 5 waves down from peak of $1909 is completed and 3 waves bounce is expected to happen and 4hr movement will decide if price will break lower again or making a...
A break lower than $1850 will make 5 waves down from peak of $2070 and indicating it will be an impulse move. Expecting price to bounce anytime soon between $1835 - $1813 for a bigger pullback for Wave 2 before further decline towards $1672 - $1426 in the long term.
Gold suggested to end Wave (X) at the low of $1865 with divergence showing for end of 5 waves from peak of $1909 with Flat correction structure from peak of $1903. Price is expected to climb in 3 swings to complete Wave (Y) between $1925 - $1962.
Price went to make a short term high above $1903 in 3 waves and a quick sell off in 5 waves happened from there. A possible flat correction structure which now bouncing off 50% fib from the low of $1850. Anticipating price to climb in another 3 swings to complete this WXY Corrective Wave.
Some update on Gold looks to be in impulse move and since from the low of $1861, price going to end in 5 waves of to make as wave (i) of ((iii)) before a 3 waves pullback to happen for more upside.
Price suggested to complete 5 waves down from peak of of 21st Feb and current price right now is bouncing for at least 3 waves pullback to correct the cycle from peak of 1.7377 before further decline.
An update for this WXY Corrective Wave from peak of $1998, looks like price made lower low than wave ((A)) after a climb in 3 waves. Only plausible structure here is a Flat Correction since wave (A)(red) did not reach 38.% fib retracement of the decline from $1988 peak. Expanded Flat Correction most common area to end for wave (C) is 50% of the previous move which...
5 waves decline from peak of $1998 suggested ended at low of $1871 and ended as wave (A)(blue) of (Y) and now the start of wave (i) of a 3 waves pullback which looks to be forming in a Leading Diagonal structure.