walled7863

XAUUSD Elliot wave analysis

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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GOOD LUCK


Comment:
regarding gold, thats a cute attempt but really incorrect. Why would you have a triangle as 2 with a breakdown? The triangle itself is wave 2 with the move to the up side. We are in a major wave 3 correction (to the upside) of which we are in wave 3 of wave 1.

good luck
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4thewin 4thewin
@4thewin, *major wave C (not 3).
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I am a believer.
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