High_Altitude_Investing

Gold 4 wave? Lets see if we make a triangle

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Loving the Elliott Wave theory painted on GOLD here and I see a few longterm options.

ABCDE happens often on a 4 wave between the .382 and .50 fib level.

4 wave can also be an ABC all the way down to .618.

Looking at longterm buys around all these fib levels depending on what outcome happens.

I think gold will do good after my parabolic run-up in stocks
once we start the correction in stocks gold will moon.

www.tradingview.com/...il-will-bottom-soon/

Stay healthy and stay profitable <3
Comment:
Comment:
This is my bearish option and I think is less likely.

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