No short till 2830 in the middle of November

25 Eyl

Gold is moving upwards and the count indicates it will give two more pullbacks before reaching 2830 in the middle of November 2024. Currently the momentum is strong and until two way market develops, only long positions should be established. I will update the idea when we reach final phase of the move.

27 Eyl

Not

Possible path forward:

30 Eyl

Not

The key price level to watch is 2600. If it drops below that, the count can change but unless it does, then we're still in the main scenario presented: searching for a low with circle yellow 4.

1 Eki

İşlem aktif

We're probably going to attack 2700 now

3 Eki

İşlem aktif

At this point we are most likely going for 2720

3 Eki

İşlem elle kapatılmış

Current momentum is too slow to justify laid out scenario of wave 3 of 5. This is most likely still a correction phase. May be that wave 4 is not yet finished.