EuroMotif

Gold path to $1650 then $2100: "Chapter 3: Checkpoint Charlie"

EuroMotif Mod Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello friends, please hit the LIKE to motivate these publications.
Between mod durties and my own trading, it is not easy to post.
This is my 3rd update in mapping the journey $1650 since $1161.

Update in that we are about to hit a possibly serious resistance.
It would also be a "respectable" wave 3 for it to wind down soon.
Perhaps this Friday or Monday we will see a pullback for wave 4.

$ 1640.53 - 44.97 is the immediate hurdle and possible end of wave 3.
$ 1704.77 - 15.86 is my Best Guess for end of this five wave impulse.
$ 1739.63 - 42.33 could be hit by overshoot/bull trap before dropping.

Of course, the "Sentiment" could change at any moment.
Weekend news about the "Virus" could whipsaw price soon.
But the overall "Technical Structure" implies higher targets.

.

Previous Gold Analysis (click):
$1700 then $2100 <= $1650 Chapter 2
$1430 Targetted
Exact Map of Top
$1516 Top Call
$1498 top call
$1650 then $2100 <= $1650 Chapter 1
$1480 short TP
$1515 top call<= Awesome Short
$1555 top call<= Just in Time
$1406 to $1525<= Caught the Jump
$1439 top call<= To the Penny
$1332 bounce
$1270 bounce<= To the Penny
$1280 break
$1380 call <= 9 mos ago

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

.
Comment:
Initial Target hit

And looks like it will say for the "Bonus Round" (dotted arrow)
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