thexmell

thexmell

As expected price go down to for wave B. Base on my elliott wave count, wave 5 (yellow color in chart) need to be complete for finish the correction wave B (red color in chart) after that we can see price move up to retest 1800 for wave C. This is my opinion, if you got any idea pls comment below

thexmell

Checkout my previous post price reached retracement target 61.8% today market main direction or motive is down target 1680 to complete correction wave B (red color)

thexmell

Base on elliot wave, price currently making a correction wave 4(yellow color in chart) target 61.8% retracement of wave 3 that affected by nfp last friday. And we need another impulse wave to complete the wave B (red color in chart) before shoot up for next correction wave C

thexmell

As predicted, gold market follow technical movement. Now bull trying to get the momentum to go upside for the corraction wave.

thexmell

Waiting for wave 1(yellow in chart) to complete. Then we can expect how far price moving down side.

thexmell

I got 2 option. Pls check on my post for option 1 For option 2, gold have to hold the support 1735 to complete correction wave C (red color in chart). current wave is to complete wave C that sub wave 1 completed and potential market doing sideway due to powel speech last friday and have to hold the support 1735 for gold to move upward to complete wave C.

thexmell

I got 2 opntions. Pls check on my post for other option. For option 1, if gold fail to hold support 1735 due to Powell speech last friday, potential price moving down to next support 1727 and 1710. Option 1 current wave is correction wave ABC (red color in chart) that wave B is not complete yet. Target for wave B is not confirm yet and will adjust base on what...

thexmell

I got 2 option. Pls check on my post for other option. For option 1 if gold fail to hold support 1735 due to Powell speech last friday, potential price moving down to next support 1727 and 1710. For option 1 Current wave is correction wave ABC (red color in chart) that wave B not complete yet. Target wave B is not confirm yet and will adjust base on what market...

thexmell

Check out my previous post. Price going up as expected

thexmell

Ready for the impulse wave?! Correction wave completed at fibo ext 161.80% as marking on my chart. Bull will be come back

thexmell

Elliott wave count + Fibonacci + SNR/SND + Divergence As my EW count currently price doing correction ABC wave(yellow) after impulsive wave(green). Target wave C(yellow) end and approach fibo ext 161.80% of wave 1 count of current subdivision impulsive wave(cyan). And will start new impulsive for 7swings

thexmell

Elliott wave count + fibonacci + SNR/SND + Divergence As my EW count currently price doing correction ABC wave(yellow) after finish impulsive wave(green). Target wave C(orange) end and approach fibo ext 161.80% of wave 1 count of current subdivision impulsive wave(cyan). And will start new impulsive for 7swings and move high

thexmell

XAUUSD possibly bullish. Price reached resistance zone but failed to close above. Looking forward for the retracement and pattern that market want to give us before it continue move up to retest resistance again if failed again to close above, bullish trend is fail and expect market will move price down to the support. Option 1: price retest resistance and...

thexmell

Target normal retracement 50% fib. Then will short target until 1866 before pump up

thexmell

Target normal retracement 50% fib. Will short target until 1866 before pump up!