Considering the behavior of gold, it is expected to decline at least to the specified level.
Valid stations for gold return, horizontal and inclined support levels
According to the wave conditions of Bitcoin, the possible direction of movement can be as follows.
The minimum ascent of the yellow area If it becomes impulsive, 5 paths can be imagined.
Considering the previous waves of gold, it is expected that the future behavior of gold will be similar to the specified path. This roadmap will be updated in the coming days.
According to the 5th step of the first correction, we will most likely see a zigzag pattern.
According to the corner pattern created in the Bitcoin price chart, I expect a drop to the minimum bottom of the pattern.
It seems that in the continuation of the corrective waves, we can expect the path of the waves to be labeled
Based on Elliott's harmonic waves, this wave count can be imagined
Due to the breaking of the valid support level and the pullback, the price can go down to the specified area.
According to the situation in the EURUSD chart I expect a new impulsive wave to start from this area
After hitting the desired resistance zone, the dollar index can drop to the specified levels.
In my opinion, gold will reach the specified levels in the form of an ABC correction.
A crown chart pattern is seen on the Apple symbol, and it is expected to rise to the specified target.
We are at the end of wave B of a zigzag correction structure and we expect it to continue its correction with another 5 steps.
Hello my friends Phantom in the third step is a corrective move, there is a possibility that the third step itself becomes 5. I will be happy to comment your opinions. Be happy, healthy and rich.
According to the pattern made and the resistance level that has been broken with strength, it will reach its target over time.
After completing a 5-wave, it has entered a correction, possibly a WXY structure, and is now in a terminating triangle. After leaving the triangle, it can reach the set goals.