Elliott Wave Outlook

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
225 0
If this scenario is correct , then we have wave 1 being extended , and according to Elliott wave rules wave 3 can not be the shortest , thus wave 5 must not exceed the invalidation level shown by the dotted red horizontal line . This completed impulsive wave forms bullish wave A of a bullish corrective structure ABC ,

The breakout of the dotted blue support triggers the formation of the bearish wave B which can be any three corrective structure , the the final impulsive bullish wave C to be formed
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