The weekly and daily price action has some glaring issues for me. It has thrown a spanner in the works in regard to my original very bullish count. I had been working on the assumption that the rise off the 2018 August lows formed a 5 wave impulsive move. However, wave 2 and wave 4 are too similar in both structure and complexity to continue with this theme. I try to be flexible in my approach to EW theory but rules of alternation are a fundamental aspect which should be observed to get accurate counts. Therefore, my primary count has switched to an ABC double ZIg-Zag reaching its zenith now or soon. The impulsive drop in March 2020 was not a flash wave 2 on the supercycle. Wave 2 corrections although deep must also take time to complete. I am therefore anticipating a large sell-off on gold.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.