Gold hasn't moved up enough to convince me the zigzag is over,
I thought we had finished the corrective phase and were in the 3rd wave of another up trend.
Wave 3 is not behaving like a wave 3. So I think This could be a C wave of a larger B wave. Meaning we have another 5 down on the way after this wave is completed. That 5 down will be the larger C wave
There are lots of wave labels on this chart. What I want to point out is marked in blue. With the notes to make it clearer
So we have slightly more upside to complete the B wave. Then more downside
Wave 3 is not behaving like a wave 3. So I think This could be a C wave of a larger B wave. Meaning we have another 5 down on the way after this wave is completed. That 5 down will be the larger C wave
There are lots of wave labels on this chart. What I want to point out is marked in blue. With the notes to make it clearer
So we have slightly more upside to complete the B wave. Then more downside
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.