AriasWave

GOLD - Tracking Manipulated Waves

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Lately I have been observing strange weak 5 wave structures and have found some anomalies.

I understand there are some broken rules here however this does not fit what I would call a leading diagonal or a proper 5 wave structure.

So I am calling this a semi impulsive leading diagonal and the reason for this is because of the broken rule in green 1-2 and general weakness of this move.

Just a reminder I DO NOT follow Elliott Wave because it is subjective and AriasWave is objective.

If I was an Elliottician I would have to lie about what this is and that's one of many reasons I think it's garbage.

We are living in strange times where intervention and manipulation are the order of the day.

I believe we are working within an expanded Blue Wave 2.

Waiting for Red Wave D before I expect to see a Red Wave E which will be sharp and deep before we see a huge bounce.

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