After analysing GOLD, i have found that it is being mirrored (or flipped). So, if it continues to be then we can see downtrend version again to 1200$. But, in my last analysis, it was found that C wave has ended and now it is in uptrend. So, if elliott count is right then there will be slight correction, max 1230$ and then again up. I dont want to sell right now, but Fib Time Zone suggests that downtrend starts today or in a day. But ofcourse, will have to just wait for a confirmation for the supply zone. Trade Well..
"So, if elliott count is right then there will be slight correction, max 1230$ and then again up." agree with this, it will look mirrored by end of august and bears will be expecting the bottom to fall out, but there will be much bull end of august/fall/october ($1350 high this year)
ManipulatedAnalyst
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@Mdotee., Yes, i am too a bull till 1320. But this fib time zone, and elliott says 1230 is good for short term..