danishfx_jb

danishfx_jb

Gold seem like to ended at level 1819 / (Wave 1) in D1 chart however im still waiting it to make correction to wave A then wave B, before can short with Validation Level on top of Wave 5. Breaking of Wave A, Targeted Wave C (Wave 2) in D1 chart somewhere at Level 1747 / 1720 If movement, did not go as predicted, will let it fly up till finding correction...

danishfx_jb

There is big spike that day, after review few chart with different broker, there is Alternate Counting for bearish view Trade at your own risk, my wave counting has been simplified to 3 wave movement.

danishfx_jb

Gold seem like completed doing wave 1 with 5 wave subwave (Validation Level at 1809) -Refer my previous chart- *Alternate Counting It have a sign for making wave a, then will be correction b. If the bearish movement strong, wave C will be down somewhere 50% Fibo Level *Trade at your own risk, my wave counting has been simplified to 3 wave movement.

danishfx_jb

Gold seem like to fail make a lower down and possible to having Alternate Counting (Refer my previous forecast) Validation Level at 1773. The bias is, there is strong resistant level at 1797, breaking this level to confirm that gold moving bullish in daily chart Im still waiting it to be completed, before short in order to projected wave 2 *Trade at your risk,...

danishfx_jb

Gold are forming ABC Structure for Daily Movement. As FOMC affected some moving, there is some revised movement. Wave A and B in 4H Chart has been completed. with Validation level at 1795 (Breaking this level will be re-counting) and there is 5 sub-wave movement in M30 Chart and breaking 1776 will be confirm to making wave 3. Targeted completion at 50% retrench...

danishfx_jb

Few wave structure has been confirmed and waiting few more confirmation that gold will doing correction ABC for D1 Chart 5 subwave for M30 with possible top at level 1795. Seem it like to do wave A, breaking 1779 as a confirmation and a to be target at 1769, somewhere in sub wave 4 Retrench of B, there is entry setup for short with tighten SL. Trade at your own...

danishfx_jb

As per previous forecast, gold has moved to 5 subwave for completion wave 1 in daily that 5 wave might be completed at 1787 if not extended as previous target somewhere at 1797. if the top wave 5 has ended, it will moving to big movement correction ABC, that wave A confirmation breaking wave 4 subwave somewhere at 1769. Moving to Wave B, there is Entry Setup for...

danishfx_jb

As per previous forecast, gold are rallying up to making wave 1 in Daily Chart. First target top of wave 1 is at 1797. From the movement, can see clearly that wave 3 in sub wave M30 chart are making wave 3 and if not extended it will be stop somewhere 1784. since wave 2 are sharp, we might see wave 4 in ranging bfr continue to wave 5. Please take note that...

danishfx_jb

Gold has been retrench from doing a support breakout at 1699, If the Daily candle Close with Hammer CS, It clearly shown that price will go up to make it 5 wave in daily (Refer my Daily Forecast) From the movement in 30 minute chart, it has been completed constructing wave 1 in H4 and ready to the correction, however failed to do correction and break support...

danishfx_jb

Following is Alternate counting If movement break Support level at 1669, there is long bearish journey that have potential go to 1568. Note : Trade with your own risk, my wave counting has been simplified to 3 wave movement.

danishfx_jb

Gold have potential to pull up at level 1730 with validation level at 1669. However break 1669 there is alternate counting. If price show potential to go up, there is five wave up for the daily chart. Note : Trade with your own risk, my wave counting has been simplified in 3 wave movement.