long term view on gold....elliot wave strategy!!!!
elliot wave strategy tells us some more interesting about gold...it says we r in wave 4 correction of the last 5 wave up in gold....now in 4H time frame maybe we r in wave Y of WXY and after that wave Y break the x low,we must start to buy gold in some steps....maybe 2 or 3 steps!!!cheers and trade wid sl carefully guys
Trade active
sell position has just been activated at 2687.00 price...i have another sell limit ar 2692.00 price...and SL will be at 2700 price...TP is 2640 and lower...it may break the last 4H timeframe low 2582.00 and go lower to complete wave Y of WXY in 4 wave...after that gold will goes up and make a new ATH around 2900-3000 USD price...after that gold will freely fall and crash to below 2000---1500 USD in 2025 year...happy new year
Note
my second sell limit has been opened at 2695.00 price...stay calm and free...it will drop from here...just one more leg up...the last one and there is no sentiment for buying more...so be cool and sell gold
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