Scenario 1 - Gold made the left shoulder
Gold is in parallel channel
Every time it hit the btm of this channel, Crazy pumping has done.
and that period is getting faster.
45bar 31bar
Next will be 66% of 31 bar = 20 bar
Finally Gold will make H&S.
Remember gays, There should be overshooting before the BIG SHORT
IT is Aladin's LAMP
Genie will take us to 1530
They try to break out that black line many times
Finally They made the LAMP
They will summon Genie very soon
that flag seems like to go up but can't
it will down to 0.618 point. also trend line too
and then go up to 1539 until next week
Gold will keep bullish until next thursday
shortterm short
longterm long
very longterm short
IF wave 3 reach 1463 we are going to down to the hell retracement for 3 month then go up to 1510~1550
IF it reach 1475 we might see 1510~1550 next month
Gold will go down and down
Orange Line means Position Change Short > Long
Purple Line means Long > Short
1,2,3,5 Points are very clear
But that point 4 doesn't clear.
Every 1,3,5 Points are measured by Fib 1.618 TP
Oh right, that Orange Line also Fib 0.618, 0.5 point by first wave which is 1200-1344
WTF they perfectly matched!!!
AND~~ ALSO this pattern...
that's btc chart i think it's very similar with oil at this moment
it will reach 57~58 at July 18~19th
July 20th? The Triple Witching Day
We all know 50~51 is super strong support line
if u were a big player, which side will u bat until that day
