harmonictraderr

XAUUSD Big Picture and Elliot Wave count by HarmonicTrader

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Hi all,
That is not investment advice,
XAUUSD Big picture and elliot wave count
I am sorry for hided some kind of big count on chart. I dont want to it fall into someone's lap without making an effort easily.
I dont want to talk about something like now is short then is long for gold, silver and btc.. That's why cause misunderstanding..
This work answers the question What gold waiting for..

A little hint for you;
-As you see on chart when started to first sharp recession fall on 18 March that is blue colored 4. wave on chart
-I am waiting for second big sharp fall of recession
-When the stock markets crash for the second time, investors who open positions in the forex market and do not have a proper stopping strategy will have to add margin deposit when an emergency margin call is triggered in order to keep current position.
-They will have to sell gold, silver or btc in order to protect their position according to margin call. For this reason gold, silver and btc markets will have to short position. (Someting like blue colored 4. wave or not on chart who knows... I think nobody knows..)
-Nobody knows that will be similar or different volume
-According to this opinios my main expection is for btc is linked given below.. Maybe i will be wrong, that is my idea..
-But no matter the big picture will not change whatever they want.
-My main expection that is not enought for gold 1821 it is not important when reached 1800x then fall again, gold, silver and btc will be rising in the future more and more ..
Not investment advise. Dont get position according to my work
Beware of Imitations
Respect for labor..
Good luck
Harmonic Trader.


Comment:
1919 1.0XA stoploss --> bat invalidation ---> 1.13XA alternate bat ...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.