Continuation of my last Plot before Monday Open (click).
Monday global cycle complete now with NY close.
USA did not buy today, so further decline likely.
Elliot Wave structure still in play, inidicating another dip.
Last bounce on Hourly was likelu wave (4) and now in (5).
That complete 12345 should make for a wave (A) of ABC.
Previous Gold Analysis (click):
$1555 top warning
$1406 long to $1525
$1450 top call
Uptrend Landmarks
$1386 bounce
$1400 bounce
$1439 top call
$1332 bounce
$1320 top Call
$1270 bounce
$1280 break
$1380 call <= 5 mos ago
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Monday global cycle complete now with NY close.
USA did not buy today, so further decline likely.
Elliot Wave structure still in play, inidicating another dip.
Last bounce on Hourly was likelu wave (4) and now in (5).
That complete 12345 should make for a wave (A) of ABC.
Previous Gold Analysis (click):
$1555 top warning
$1406 long to $1525
$1450 top call
Uptrend Landmarks
$1386 bounce
$1400 bounce
$1439 top call
$1332 bounce
$1320 top Call
$1270 bounce
$1280 break
$1380 call <= 5 mos ago
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Zoomed in, it looks like the purrple 5.236 in confluence with the red 4.0 and 2 other fibs was the support zone