Elliottician_SamRoy
Long

GOLD - Long term Long - Alternate wave Counts

FX_IDC:XAUUSD   GOLD / US DOLLAR
2 years ago
End of wave-4 or just wave-A of wave-4 at exact 50% fib retracement of wave-3.
Check Main wave counts here:
GOLD - End of wave-4, Long term Long
6 months ago
Comment: Look how nicely GOLD has followed the road-map we predicted a year ago using only and only the Elliott Wave Principle.
Happy trades.. :)
snapshot
6 months ago
Comment:
snapshot
2 months ago
Comment: Current position of Gold (circled area) is correction-inside-correction-inside-correction scenario and nothing really to trade here as of now. Black wave-B could form any corrective pattern as zigzag, flat, triangle or even a combination so I really dont wanna touch Gold until this corrective wave-B (black) ends. Anyway, whatever corrective pattern wave-B (black) ends up forming, its first wave-A or W is done and second wave-B or X is underway or completed already and obviously third wave-C or Y is gonna be bullish. I am standing aside in case of Gold because its current price action can chop my account easily and repeatedly.
Good luck

snapshot
These wave counts have more probability of materializing. This has become Main counts now as the ending diagonal on ex-main counts doesnt have the "right look".
GOLD - Long term Long - Alternate wave Counts
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Elliottician_SamRoy Elliottician_SamRoy
a year ago
Click on Play button to see the right look of ending diagonal
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bullsbabybulls
2 months ago
You are great! According to your analysis, what comes after that? Gold heading even higher after that?
Reply
Elliottician_SamRoy bullsbabybulls
2 months ago
@bullsbabybulls, Thanks bbb.
Current position of Gold (circled area) is correction-inside-correction-inside-correction scenario and nothing really to trade here as of now. Black wave-B could form any corrective pattern as zigzag, flat, triangle or even a combination so I really dont wanna touch Gold until this corrective wave-B (black) ends. Anyway, whatever corrective pattern wave-B (black) ends up forming, its first wave-A or W is done and second wave-B or X is underway or completed already and obviously third wave-C or Y is gonna be bullish. I am standing aside in case of Gold because its current price action can chop my account easily and repeatedly.
Good luck

snapshot
Reply
bullsbabybulls Elliottician_SamRoy
2 months ago
@Elliottician_SamRoy, thanks a lot!
Reply
Elliottician_SamRoy bullsbabybulls
2 months ago
@bullsbabybulls, you are welcome
Reply
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