Here is a very bearish scenario.
I only have one condition to make it work:
In the next 6 weeks (i.e. until Christmas) there should not be a close above $1810 on a weekly basis, otherwise the pink i would be the 4 and the bullish wave 5 would rise above the last ATH.
I only have one condition to make it work:
In the next 6 weeks (i.e. until Christmas) there should not be a close above $1810 on a weekly basis, otherwise the pink i would be the 4 and the bullish wave 5 would rise above the last ATH.
Comment:
1786.42 reached!
Comment:
Comment:
Gold hit 1807.29 and immediately rebounded.
Contrary to my main chart, here I am considering a potential wave 4 which is an option as long as gold is above 1729.46 (green line).
Contrary to my main chart, here I am considering a potential wave 4 which is an option as long as gold is above 1729.46 (green line).