tricky_nik

Gold (XAUUSD): Elliott Wave Analysis

FX:XAUUSD   Gold Spot / U.S. Dollar
There must be a comprehensive text, but I'm too lazy to write it.
That's not a 12345???
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tricky_nik riskmode
If you see here impulse structure you may take it for a 12345
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riskmode tricky_nik
you don't see impulse structure there???
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tricky_nik riskmode
me not...
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riskmode tricky_nik
why don't you see this as impulsive?
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tricky_nik riskmode
First of all, because it's my view)) secondly coz impulse move generally well-defined. this chart not "well", at least for me
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tricky_nik riskmode
perhaps you will be interested
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riskmode tricky_nik
I dunno man what you identified as wxyxa looks about as well defined as it gets for a 12345. W is smaller, X retraced most of W, Y is big, X didn't retrace much of Y, A looks like an ending diagonal. That would make your current Z an X.
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