Why caution... it's going higher & higher 1900 then 1975 then 2000 and boom not to be seen...quite possible the other scenario resistance coming up at 1895-1925.
Lets see why 1615-1729=1, 1729-1618=2, 1618+230(200%)=1848,+288(250%)=1906,+300(262%)=1918=3? these prices are within 62%-78% of 2070-1615.
What happens from 1895-1925... probable price consolidation(SIMPLE/COMPLEX) of about 150pts or more for the 4th wave 1830-1780 price zone.
The above scenario is what to expect at the upper resistance zone of 1895-1925 or GOLD has a blow out and continues higher above 1975-2000 & 2070 TO ALL TIME HIGH'S.
What if 1615-1729=A, 1729-1618=B & 1618 to 1895-1925= C then WHAT TO EXPECT a deeper correction, continuation of the downside and break below 1615 then
2070-1615=A, 1615-1925=B 1925-?= C,THEREFORE C= 1925-455(100%)= 1470, 1925-575(127%)= 1350 OR 1925-625(138%)=1300
The downside for C could be either 3 waves or 5 waves.
Lets see why 1615-1729=1, 1729-1618=2, 1618+230(200%)=1848,+288(250%)=1906,+300(262%)=1918=3? these prices are within 62%-78% of 2070-1615.
What happens from 1895-1925... probable price consolidation(SIMPLE/COMPLEX) of about 150pts or more for the 4th wave 1830-1780 price zone.
The above scenario is what to expect at the upper resistance zone of 1895-1925 or GOLD has a blow out and continues higher above 1975-2000 & 2070 TO ALL TIME HIGH'S.
What if 1615-1729=A, 1729-1618=B & 1618 to 1895-1925= C then WHAT TO EXPECT a deeper correction, continuation of the downside and break below 1615 then
2070-1615=A, 1615-1925=B 1925-?= C,THEREFORE C= 1925-455(100%)= 1470, 1925-575(127%)= 1350 OR 1925-625(138%)=1300
The downside for C could be either 3 waves or 5 waves.
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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.
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.