GOLD (XAU) Longterm 5 wave analysis (TF:1M)
Hello, I am King Technic
This is my analysis of the wave count of gold charts for the long term (several decades!) And what will happen!
Wave 1: Includes Sharp moves up to $ 700
Wave 2: correction wave for wave 1(pull back-retest of break out)
Wave 3: Formed after coming out of the relative ceiling and breaking it (the big wave 3 itself has 5 waves and we are forming wave of 5 of 3 in a few months.)
Wave 4: Correction of wave 3 and possibly break the trendline of wave 3
Wave 5: With a gentle and upward slope!
If you are interested, follow me for such posts
Say my name!
This is my analysis of the wave count of gold charts for the long term (several decades!) And what will happen!
Wave 1: Includes Sharp moves up to $ 700
Wave 2: correction wave for wave 1(pull back-retest of break out)
Wave 3: Formed after coming out of the relative ceiling and breaking it (the big wave 3 itself has 5 waves and we are forming wave of 5 of 3 in a few months.)
Wave 4: Correction of wave 3 and possibly break the trendline of wave 3
Wave 5: With a gentle and upward slope!
If you are interested, follow me for such posts
Say my name!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.