Hello everyone hope you spending a good weekend, I updated the main scenario chart for gold in weekly timeframe, most of traders considered this upward rally from 1045$ to 2076$ as an impulse that price is in wave 4 of it, but there is another possibility which says this upward rally from 1045$ to 2076$ is a B-wave of a flat correction. personally I like this wave count more than the others, it fit better with Elliott Wave rules, but lets keep mind open to any possibilities. You can see the details in the chart, If you have any idea or question about this scenario please share with us in comment. I will provide more Elliott wave count daily if you are interested follow us to receive updates.
📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis
📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis
