INFINITY_WAVES

INFINITY_WAVES

Gold downtrend is ending anticipating up move with nothing less than 1000pips to highs of 1980s

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Follow up update, we might drop till 1899 or 1877 to complete the drop and the diagonal then we retrace up. Apply proper risk management

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seems like the drop to 1890 was completing wave 5 thus we are getting a reversal which will be quick and fast at least 60% of the move before we continue dow for more sells. If Price falls, it will only be short-term sells.

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Gold momentum has been going down we should start seeing price heading up as indicated by the diagonal to highs of 2007 and potentially 2050s before the long-term sells resume. Our stops are at 1890

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Gold anticipating for a drop to first levels of 1889 0r 1829 but overall long term sells to 1624 to complete the correction. We also have a reversal pattern called HEAD AND SHOULDER Present that will push the price lower. so more reasons to sell any up move will only be short term buys to grab liquidity for the sell. As always, apply proper risk management.

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Anticipating for a diagonal to complete taking price to 1942 then drop to 1987 for the reversal upwards to 1970s.

INFINITY_WAVES Updated 

Gold anticipating a drop to lows of 1914 as indicated by that diagonal then a reversal to happen. stop loss at 1989 for the sell. Once price gets to 1914 it can still drop to grab liquidity and then climb. So exercise proper risk management.

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Anticipating for a drop any push to the upside will only be short term as a result of the last wave 5 extension. Alot of market imbalance on the downside

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Gold anticipating for a drop to 1960s then climb up to 2038 or 2066 for sells to start. if price goes below 1948 which will be our stops for entries at 1961 incase it drops but we see alot of potential and liquidity grab at 2066 level.

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Anticipating for more push to 2070’s before sell reversals

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more sells yet to come to complete the correction at 1930 levels then we get into more buys with highs of 2045 levels

INFINITY_WAVES

Gold next outlook, anticipating a drop till 1929 levels for the next pump up to 2045 region to complete wave X and finally drop for wave Z at 1520 levels

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Gold has more room to cover to the upside with highs of 2012 completing wave 5 before the fall

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Diagonals are reversal patterns and gold is giving us another one just like the previous sell from 1953. We anticipate the buy to move to 1914 or 1925 for the next sell sequence. If the drop happens now, it will be just a short term and liquidity drop to 1795 then climb.

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Gold is finalizing the last move of an ending diagonal. Sells are gearing up. The worst case scenario is for gold to target 1972.but we are sell biased for now with lows of 1742

02:07

INFINITY_WAVES

Overview of Gold, we are anticipating for a drop to correct the 5 waves sequence either to fib 61.8 or 78.6 we shall take action based on price movement. Worst case scenario is price extending to levels of 1921 which is possible but not likely.

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Gold we are still seeing more pressure to the downside with lows of 1613 and 1584 as targets

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Formation of a diagonal means the trend is almost ending at 1776 or 1666 for a push-up before the next drop