cbud

GOLD EW COUNT AND 'A' WAVE RALLY TARGET AT 1219.67

FX:XAUUSD   Gold Spot / U.S. Dollar
The C wave Expanded Flat posted earlier in May has been playing out. Rather than continue to update the original post, I'll try and switch to this shorter time horizon format with individual ideas.

Assuming a simple 3 wave advance, wave a up highs should come in just under 1220. A b wave low will likely follow, but no telling if that b wave down will take out the lows to form an expanded flat structure, or stay within the lows.
The trade here is on th             5 and 10 minute charts, staying long into 1220, and then shorting into the b wave down.

Once the a wave up puts in ending milestone formations, I'll be able to calculate b wave low target(s).
Comment: Tview not posting this chart
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out