TAJ249
Long

Gold - 5th of 5th wave?

FX_IDC:XAUUSD   GOLD / US DOLLAR
54 0 0
5 months ago
The start of a new bull market or just the an A wave correction. Whichever, I believe that this may be the 5th wave in the 5th wave based on Elliot wave and some parallel channeling.. An end to good run for gold             and the subsequent correction could coincide with another leg up in the USD.
4 months ago
Comment: A revised count for GOLD might suggest an ending diagonal for the 5th wave which can mean a marked change of trend. I prefer this count because the 5th wave is related to the first wave by a Fibonacci factions.
snapshot
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out