MassimilianoDeMarco

MassimilianoDeMarco

Silver forced us to think to a good alternative count if wave 2 already ended at the 1180 low. The supposed wave B could as well be a leading diagonal: diagonals are usually retraced toward their starting point before flying in the direction of the diagonal.

MassimilianoDeMarco

I don't like the idea of gold and silver acting disconnected one from each other. So if Gold is really in wave B and ready to go down in wave C and Silver is starting wave 3, this is the plan i would follow. Otherwise, we have to presume Gold is already starting wave 3 too, and the only retracement we'll see will be to 1198 area in wave ii of 3.

MassimilianoDeMarco

Believing we have seen just wave A of wave 2

MassimilianoDeMarco

Grey count is an option but with late developments is in trobule. Red count is my main alternate. Both imply a drop toward main retracement level of wave 1 that is complete or near so. This is my first published idea so i will try to improve and adding wider counts.