Gold Bearish Elliott Wave Scenario

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold             Bearish Elliott wave scenario based on a ABC correction
More random lines again....jeez, if you ever want to ACTUALLY make money...stop with the waves...it doesn't work and never will work, it's been proven that it's just a theory and is 50% right, 50% wrong...please tell me you don't trade with real money, *
waleedkhan Stockman
Wave theory doesn't work for two reasons for "some" people...

1) They clearly don't know how to apply it! :)

2) If wave theory doesn't work then that can only be from post 2006 for the very long term charts...(because that is when QE started) which has altered market psychology a bit!

Hope this helps!
I am more aligned with this view!
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