Update the elliott wave count for Gold (2017-01-05)

5 Oca 2017

The current uptrend for gold is more likely a new impulsive wave. We can compare it with usoil which had a similar structure before (in 4h time frame). A leading decline triangle and then a quick drop. Following the quick drop is a rapid rising.

Good luck for everyone!

17 Oca 2017

Not

Nice bull! It goes as expected. It goes in the same way as oil structure before.

24 Oca 2017

İşlem kapandı: hedefe ulaştı

I closed my longs gradually as it is coming to a supply zone. The dxy might pop here. I will wait for the pull back and prepare to buy again. It should go higher in long term.