CFDs on Gold (US$ / OZ)Updated Gold's Last Push and Down?
I offer this as an alternative to consider.
All comments/alternatives etc. welcome. :o)
All comments/alternatives etc. welcome. :o)
Note
One important alternative. If my circle B assessment is correct, this could play out as a flat for the abc move. As such, circle B could retrace to 90% (or perhaps make a new high [expanding flat]). For the flat to be possible, one would have to view the circle A move as a 3 wave move (perhaps the diagonal was an ending "c" of circle A).Depending upon the extent of the circle B retracement, circle C could vary materially from the scenario shown.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.