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kjwlegend

Gold Triangle Conslidation analysis and view. Short scenario

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
kjwlegend  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Elliott Wave Gold goldidea
8
0
elliottwaves gold goldidea
GOLD

Even the Gold still fails falling under 1480 twice but I'm still on bias that next try would make the goal.
The Gold completes the wave 5 at the 1555 and now starts the correction ABC. I initially thought B was a quick and short case but it lasts much longer than I expected and became an 'abcde' triangle consolidation.
I would expect the wave C and target least 1450 level.
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