omidtrader1367
i think gold downtrend movement has already ended in 1H time frame...so i opened a long position at 2640.00 and my TP would be higher than last high in this timeframe...around 2665 and higher...so good luck guys and trade wid SL
for intraday traders,its a good and roadmap for GOLD to trade wid today...i think we r in a 5 wave structre up ward...wave 1,2 and 3 has ended already and now we r in wave 4 down correction...after that wave 5 upward will happen
in my opinion its time to sell gold around 2646-2650 area wid sl around 2665 price and tp lower than last low below 2580
GOLD will fall badly in 2025...but it will have another ATH around 2900-3000 USD and after that it will crash to 1700-1500 usd in 2025 year...i do not the fundamental reason for this crash but elliot wave analysis will give us a clear map road for gold in next year....have a good year trading
its time to buy gold to catch wave c upward from abc in bigger WXY correction...after that wave Y downtrend will start
in this view,completely against the last one i posted in my page, we should buy gold...in this view we r now in wave Y of bigger B from and ABC triangle correction upward...it may ends around the ATH and start wave Y from wave 4 downward...so we should wait and see what market will do in this wave now we r in...if the market make an 5 structure uptrend wave,so we...
in this view wave x has already ended and now we r in wave 2 of Y downward...it may continue to break the last low which has been made by wave W...but there is another completely opposite view on gold that i declared in next post...
first of all i think wave W of big 4 has ended already...and now we r in wave X which consist of a 3 structure wave (abc)...in this wave of gold, i think that wave a of X already done too at 2722.50 (between 61-78% fibo of last wave----i mean wave W)...so now we r in wave b of this wave...wave b must be a 3 structure wave and till now i suppose that wave a of it...
gold sell zone has reached now...i think we can see c clear 5 wave structure up which is wave a for me (in abc wave)...after this wave, wave b will goes down to 61-78 fibo last wave up and after that wave c up to 78%wave W down...
in my idea gold has ended wave 3 up and now its the time for a little correction...it may goes down to 38% fibonacci level in last wave up!!!we can sell it now to get some downtrend movement or we can wait for it to reach our level for buying gold again...but it goes not that far high if u think it will break ATH....no way...its a correction and it must come down...
i think wave X of bigger IV has ended around 2534 and its wave X has started already too...we r in wave x and it will continue until atleast to 50-61-78 % fibo last wave down (W)...so we should wait and watch market until it reach our sell area wich is atleast 2693 to 2735 prices...but it can make a running WXY wave form too...so if its break the last ATH ,it...
i think wave W of the gold correction wxy wave has almost ended here...i will buy gold two steps 2690----2680 wid TP 250 pips and SL 150 pip...trade safe wid sl and money managemnet
wave 5 of bigger 5 has ended around 2790 almost and big wave 4 started...we must sell gold at correction..time to short gold at the end of wave 4 to catch wave 5 down..target will be lower than 2730
so gold made a new ATH again like the every day before and we had to recount the elliot wave again...so i think we r now in wave 4 and we should buy it at the end of wave c of iv to catch wave 5 up trend...it must be gold last wave up...
in my idea wave W and X has been completed already and we r now wave Y down which its 1 wave also done by now...we r in wave 2 up until 61-78 % last wave 1 down of Y...so we will sell GOLD to catch another fall...good luck and u se SL
gold wave 4 has started already (may be a WXY running wave) and its W wave done almost..now we r in wave X up which can continue to 61%last wave down...after that another drop to from wave Y and finally buy gold for the lasttttt time at 2709----2700 area prices to catch the last wave 5 of 5 of the bigger and last 5 wave up ma y be to 2800-2900 prices...GOLD BIG...
i think gold has finished its wave W and its in wave X now...wave a of it has done already and we r now in wave b up...this wave could goes up to 78--127% last wave down...means we can sell it at 2747---2757 at two steps...even we can sell it at 2767 if this wave continue to 127% means 2767...so we can sell at three steps...good luck guys
so after i got a sell pos at 2732 on gold, its drop finally started at 2741...i think wave W of its WXY 4 has done already and its wave X started to goes up until 2733 in maximum way...i will put some sell pos at that price...after that wave x been completed and wave Y also done its self,i will buy gold at 2700-----2690 area to catch last wave 5 of 5 of final big...