BenjiMiller

GOLD: wave 4 combination still in process (240 min chart)

Alış
FX_IDC:XAUUSD   Spot Altın/ABD Doları
This GOLD chart shows what I perceive as having completed an A-B-C correction on the 2nd X wave this morning. My prediction is that we will see gold push to around $1,525 next week (completing the 2nd X wave of the Wave 4 combination) and thereafter falling to the $1,400 level in late October/early November (marked as Z). This is where I anticipate Gold will find support and launch to Wave 5 that should take us into the $1,700+ price level in early 2020.

Note the trendlines!

Appreciate any comments or input.

Benji Miller

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.