Long term gold long

COMEX:GC1!   Gold Futures
46 6 0
In the process of forming wave I
I don't know how to tag you on my updated chart, thanks nevertheless
I agree with you. Let me re-do it and publish it. Thanks for the help, much appreciated!
Lanmar fearlessfury
No problem. Glad there's an agreement. Perfect elliot wave patterns such as those are rare to come by and have an uncanny accuracy about them.
I think I see what you're saying. You're saying the wave IV should be wave I, wave V should be wave II, wave A should be wave III, wave B should be IV and wave C should be V. Correct?
Lanmar fearlessfury
Correct, with an an extended "C" wave, or wave V beyond 1140.
I don't know much about elliot wave.. but what I do know from glancing at it is that the 9/5/11 peak to 4/12 looks more like (1) to 9/12 (2). From 9/12 to 7/13 (3), 7/13 to 3/14 (4).. 3/14 to 800 level (5) makes more sense visually. From my understanding the 5th wave does not double bottom at the 4th wave. Thoughts?
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