Gold plunged right down to an invalidation level for an expanded flat correction. Whether this correction wave count has been invalidated or it still holds, the PA since August 2013 top has been corrective and reasonably complete as a wave (b), waiting to be retraced by the next impulse wave (c).
Comments
diamondekk
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I've got different view and I think that we are close of the end of C (which is triangle ABCDE) and I expect start of impulse wave up number Vth :
TradingEW
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Great chart and very probable.
diamondekk
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Thank you!
webmiztriz
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nice chart :)
TradingEW
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Thank you & EW works!
sunmikee
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Yeah, for upside move (we hit a very important level, which could hold) we need to see series of higher highs and lows. And not (of course) another break down...