Based on my current assessment of Gold's wave structure. I believe this asset is due for a 2.2% rise from current price levels.
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It should also be noted that if successful, the rising pattern is often considered a reversal pattern ----
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Micro reversal pattern spotted:
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#GoldGoBoom ---
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#UponCloserInspection --- Micro Pump y Dump --
reversal pattern yet in motion.
reversal pattern yet in motion.
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#InMoton ---
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#Shakeout -- -
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more dip required?
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W4 in the diagonal seems to be completed already --
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Volatility continues -- refer to primary post for upcoming (near term) expectations.
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Explosion soon come:
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more like so --
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test at $1800 now ready --
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#GoldGoBoom -
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#FinalPost:
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#FinalFinalPost?
My imagination is wild; could be wrong.
My imagination is wild; could be wrong.
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Absolutely horrible read on the micro pattern, mid-macro (reversal pattern) yet in tact for XAU
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If the nearest red line breaks, the formation and all upside from here are likely cancelled.
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If red line breaks, expect $1650-$1675.
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Drop not primed as of yet. XAU Bulls not finished --
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