EW 4th wave short for Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
44 0 1
The weak ratio moves that almost look like an Ending diagonal into the lows today imply a strong rally correction will follow (perhaps a .5 or .618 correction against the highs). The volume pattern at the lows I interpret as an Exp             Flat into a .382 correction 4th wave. The .382 correction implies a 2.618 multiple expansion target for a wave 5 down. This still needs to set up as an impulse or Ending diagonal into wave c of 4 to be valid and has a way to rally still.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out