DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, CHESAPEAKE ENERGY CORP, BANK OF AMERICA CORP, GENERAL ELECTRIC COMPANY, POWERSHARES QQQ TRUST, SERIES 1, MICRON TECHNOLOGY INC
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
short to 1120
The Big Fall stages
Gold turns to its final up move, (to complete a three wave correction (Flat) on daily time frame)
Gold is now in a daily correction, the question now is ...
Is this a 3 wave corrective structure?
a 5 wave corrective structure?
Time will tell
According to Elliott wave principle
Gold right now is doing one of those 2 scenarios, which one?
Time will tell
Bitcoin will drop to 3500 or 2900 sooooon
Now we are in the very top, Turning point is coming very soon.
TP1 = 50% fib level
TP2= 61.80% fib level
Gold have to go above to 1375
before drop to below 1045
To end the down move
and start a new up trend
this view may take years
Gold will tag 1263 (61.80 % Fib level)
Long from 1263
Stop loss: 1236.
I think YEN now in a consolidation and a long trade is coming soon
This is the possible moves of Gold to reach the last destination (TP= 1275) before going up again.
Only TIME will tell.
According to Elloitt wave
wave 4 may drop to
TP1 = 1.1168
TP2 = 1.1005
according to elliott wave
wave 4 may drop to 1295 or 1265
I think gold will drop all the way to 1080
Find a lower time frame for sell setup