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ruebennase
Mar 1, 2017 10:54 AM

What`s up with Gold? Long

Gold FuturesCOMEX

Description

Hello Traders, Hello Elliott Fans,
I would be glad about your opinion to Gold and that EW Count!
Do you think that this is practible?
I´m not really sure about that count...!
Because of that fact!
If I measure all the Wave "i" (in clip, in circle and lesser degree) they`re all equal! I think that this is realy remarcably! I also think that a wave "3" (Minor degree) will not be the largest in price!? The longest wave will be wave 5 I think!?
Alternate the high @ $1246.60 is wave i (circle) and $1217.50 is wave ii (circle)!?
I´m glad about your opinions!
Have a great day
Regards from Germany
rubennase
3hour chart
Comments
ruebennase
Hello,
correction.
..nice reversal from 1215.1 to 1269.4...
ruebennase
Hello traders,
Gold with a nice reversal at the 0.58 Fibo RT from 1251.4 to 1269.4 (Fut COMEX)! It also broke with lower highs and lower lows.
As long as this Price level is intact, Gold will continuing higher...
Regards
rubennase
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