TradingView
SteveTan
Jan 18, 2022 6:56 AM

GOLD short term Elliott waves updated 18/Jan/22 Long

Gold/U.S. DollarFXCM

Description

Gold. It seem like we're in "Bullish Triangle pattern now". AND most likely wave 4 (yellow circled). PLUS+++ a possible "stop hunt" on wave (E) (green) . So.. I've changed my view from previous "normal" expanding flat (a)(b)(c) Red to Complex Double Three Expanding Flat which is (w)(x)(y)(Red)
Comments
SteveTan
We have gold just completed wave (C)(green) of an "ugly" expanding triangle..So.. expecting more "stop hunting" for the buyers at wave (D) and Sellers for wave (E)!(Green)!!
Mihai_Iacob
I m bullish too, but it doesn t looks very promissing
SteveTan
@OptimoomFX, Ya..Probably "market maker" doing "Big Data" Analysis from Trader's Ideas over "here"..
Mihai_Iacob
@SteveTan, i thought about that but i thought i m paranoid
SteveTan
@OptimoomFX, Anyway as trading most people's "bias" won't change..
More