elliott-wave-analysis
Long

xauusd The gold created a triangle wave 4 minute

FX:XAUUSD   Gold / U.S. Dollar
1120 17 41
The gold             created a triangle wave 4 minute , triangle wave E toward completion, another wave 5 should move to 1300 erea to end wave c minor,
Hi, thanks, and one question. Why did you labeled 5 wave up move as C? I belive this move is the first wave of up trend. I really want to learn your opinion.
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C Impulse wave of wave (A) intermidiate degree see the link
long gold to 1500 ?
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bulent_akgul PRO elliott-wave-analysis
Ok, I see now, In my opinion and based on my wave count, retracement finished already.
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dionvuletich elliott-wave-analysis
This lines up with my view, was buying it at 1060 final target set at 1540 for 'running' position long...
Scaled out into this first push higher, buying into 4th wave triangle looking for 1300-1320... I will be hunting for reversals there and trade it back down to at least the 38.2% of the entire advance then looking to build long again

Great analysis here - like it (I trade harmonics not elliott - but they kind of fall in line well together...)
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dionvuletich. I already in from1051 105, yes it was possible to enter the short term until to1300 area I would beware from reversal in the this stage, thanks for the support successfully also you do a wonderful work
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For the short term I'm using the same wave count as you. I haven't looked as far back in time as you have but the long term chart makes sense too.
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chartquant .have to analysis the long term chart in order to receive a perspective until to the present price to the maximum accuracy, happy that we agree, thanks for the support
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A - impuls.
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alivsm alivsm
B - triangle. may be?
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alivsm - nice idea .I thought about this but wave b needs to be after 5 waves or a b c.Mainly is not when wave 4 supposed to be
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alivsm elliott-wave-analysis
Thank you
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Just saw you liked my post, went to check out your account and now I see why you like it haha. Good spot!
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olly_price -i m happy that we agree, thanks for the support
you can share your chart here
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Bullish trend continuation on gold
Slightly different analysis with the same view.
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Genius...
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Lovely. The power that an accurate e.w. count has is unmatched.
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IvanCourtier , Thank you, indeed truth said
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