ZarNegar
Long

M pattern analysis

FX:XAUUSD   Gold / U.S. Dollar
1453 7 38
Shape M. In Elliott and Hurst is confirmed.
And also.Shape M is basis on bat pattern .
Gold             is now in the middle of M.
And soon there will be a strong upward correction.
Of course, like McDonald's logo
as usual good one Zar Thanks. if C holds then i m expecting this one to complete but the current force is towards south , there maybe a shakeout soon b4 the move up
snapshot
Reply
Great analysis, Thank you Zar for sharing :)
Reply
Hi dear professor Mr ZarNegar ,very good work and fantastic analyses like always.
Reply
Not break 1200 next 5 month :)
+1 Reply
man your charts always puts smile on my face , very well done :)))
yeah , i'm bullish on gold too but the market keeps trying to push the price down both gold , silver and many other commodities. maybe it will be a flat move for a long time .
i think trading these on FX market with leverage is extremely dangerous and shakes the balance if you open position at wrong price , non-leveraged or physical buy is always the safest way. that's just me of course ;)
Reply
I have to agree with BlackPirate comment .........it's a work of art and I'm sure there is a serious side to it........not that I totally understand the significance of the curvy waves but I assume your bias is bullish. Thanks for sharing.
Reply
This is some wizardry.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out