Gold 4 wave? Lets see if we make a triangle

6 Nis 2020

Loving the Elliott Wave theory painted on GOLD here and I see a few longterm options.

ABCDE happens often on a 4 wave between the .382 and .50 fib level.

4 wave can also be an ABC all the way down to .618.

Looking at longterm buys around all these fib levels depending on what outcome happens.

I think gold will do good after my parabolic run-up in stocks

once we start the correction in stocks gold will moon.

Stay healthy and stay profitable <3

6 Nis 2020

Not

6 Nis 2020

Not

This is my bearish option and I think is less likely.