wave 5 ready to hit 2500 zone
but there is wave 4
usually it long term pattern wont let bull break resistance so fast and easy
drawing triangle pattern there
but there is wave 4
usually it long term pattern wont let bull break resistance so fast and easy
drawing triangle pattern there
Comment:
this chart invalid if gold under 2035$
Comment:
wave 4 very rare hit too low like 2035, 2078 retest enough for wave 4
Comment:
the wave 4 later (triangle would be used to retest 201x as support fibo before go to 2500 zone
Comment:
there invalidation zone on 2035$
for bearish scenario
there is weekly support on 2010$ if under 2035 might retest 2010
for bearish scenario
there is weekly support on 2010$ if under 2035 might retest 2010