According to the wave counting done by the NEoWave method, it seems that the price of the Dollarcode chart is still increasing and it has two targets in front of it, which have been identified in the analysis. After the price reaches the initial target, it should be seen whether the next target will be seen or not.
NEoWave Analysis of Crude Oil Chart within Monthly timeframe Cash Data (NEoWave Data)
First target: 150 $
Second target: 210 $ (if the price stabilizes in the range of 150 $ to 100 $)
Third target: 250 $ to 300 $ (if the pattern progresses in diametric form)
following the previous analysis, it appears that gold exists within a daily time frame in a combined structure of a diametric plus Neutral Triangle Reverse Alternation. To be more exact, we are now in the D wave of the triangle which is a descending wave. afterwards, we should be observing an ascending E wave so the combined structure will be complete and we get...