AriasWave

GOLD - Wave Revision - Plenty Of Opportunities Ahead

OANDA:XAUUSD   Gold Spot / U.S. Dollar
In this Wave Revision I go back to the drawing board and find that things are not what they appeared to be.

The interesting thing here is that the clues are hidden in plain sight.

One wave should always serve to confirm the previous wave that came before it.

This is why I say that if you don't know the waves you are trading blindly because every wave is directly related to the previous wave.

The trick is to properly identify the waves to see if the relationship between them is valid.

I expect further weakness in Gold which coincides with expected weakness in other markets. (See related ideas below)

Wave Revisions are Pre-Planning\Analysis, not trading ideas.

AriasWave is NOT Elliott Wave.

Learning the waves will be the best investment you ever make.

AriasWave Mentor\Learn Program

https://www.ariaswave.com/learn-how-to-analyze-trade-markets.

Comments

I commend you for your thorough work.
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@abel11, Many thanks.
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winging it. lol
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AriasWave tentomilly
@tentomilly, No not really. A lot of wave analysis going on in my mind when I create these videos, always thinking of every angle. A lot of people make the mistake of being too one-sided when it comes to analyzing the markets so over time I have started to include counter arguments to almost every angle of the view I present on the fly. These ideas are not scripted.
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