cfetrader

Long term Gold correction scenario

FX:XAUUSD   Gold / U.S. Dollar
189 0 5
By this scenario, the 2011-2015 gold             price decline is considered as wave A, with wave B-reaction (due to Wolfe wave ) covering approximately 1 year up to ~1410, being followed next by the final C-wave             lasting for 6 years with a target of ~630 (76.4% Fibonacci overall correction). Basic assumption is that the rise & fall durations are balanced (cyclic motion).
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out