Gold (Neowave Cycles)

Degree full forms-
L1 stand for Long term wave 1 and so on
L1 stand for Medium term wave 1 and so on
s1 stand for short term wave 1 and so on


Hello Everyone,
Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles.

Any last minute update will be done on our tradingview live links.

I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas.

Thank You

Short Term view-

Medium Term Forecast

Long Term Forecast

Commentaire:

Hello Everyone

In During intraday gold has break 2027 and than break the low again of 2020

Only logical explanation for this kind of behaviour is that we are entering in an contracting triangle which will consume a lot of time.
For downside we need to break 2009.5 so either wait for that to break or let the triangle complete the structure.