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BeerTrend

A possible Elliot move - Parabolic gold

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
BeerTrend Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Wave Analysis
15
0
waveanalysis
We might experience a possible Wave 5 with parabolic move, as the situation of pandemic and related economic downturn worsens.
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Comment:
A possible Scenario for Accumulation at the bottom
snapshot
Comment:
Plan for yesterday did not play out, possible Wave 3 was already finished. Looking to enter long around 1610-1616 for Wave 5.
snapshot
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