In this video I explain the latest count for the bearish view for Gold - XAUUSD.
This view is very much in-line with the bearish view for the Dow Jones.
When I say bearish view I don't mean that we have topped out yet.
There are still a couple of waves to go until we get there and I explain all the details in this video.
I also cover the small degree view which explains why we broke the previously thought support and what it means moving forward.
As there can only be one possible reason for the small degree failure in the trade.
I provide a full break down of what I expect to happen from this point until Gold makes one more all-time-high.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
This view is very much in-line with the bearish view for the Dow Jones.
When I say bearish view I don't mean that we have topped out yet.
There are still a couple of waves to go until we get there and I explain all the details in this video.
I also cover the small degree view which explains why we broke the previously thought support and what it means moving forward.
As there can only be one possible reason for the small degree failure in the trade.
I provide a full break down of what I expect to happen from this point until Gold makes one more all-time-high.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.