MGC1! It is crazy how solid the use of wyckoff, elliot waves and trendlines is for trading. Most of my targets on gold have been hit, the exceptions are the targets that I created by not believing my first targets were going to get hit.
I first posted my analysis on this impulse wave on gold 4 days ago, and looking back, a little patience would've helped a lot throughout all these moves.
Now just gotta be patient for the signal that Wave 3 is completed. W4 target is again that 3291 target, after we break that lower rising trendline. there's always a possibility of we dipping into that liquidity target, but for right now 3291 has been holding strong support so I'll keep that as my W4 target.
MGC1! Boom! It took a little bit longer, but right after the gap fill we got the retracement I was talking about.
Price just broke below the 3292 support and my target is for price to find support at that ascending trendline. It is still possible for price to go a bit lower and fake a breakout of the trendline, but i don't think it would go much farther.
My target range is 3276-3254 and I'll be paying close attention to 3270 for possible target for a reversal to begin.
My lowest target if we do have a break of that trendline will be 3231.
MGC1! it looks like we are about to have a big drop. likely taking price to that trendline. Not financial advice, but im looking at this possibility right now.
Volume is decreasing as we are getting closer to that resistance level, best case scenario, we stop at the 3292, if that level is broken we will go towards that 3270-3250 range
MGC1! It is crazy how solid the use of wyckoff, elliot waves and trendlines is for trading. Most of my targets on gold have been hit, the exceptions are the targets that I created by not believing my first targets were going to get hit. 
