What could be a Wave C inside a big bearish Gartely is almost done. If the count is right, we should see a new low around 1600 and maybe lower.
In this count we are inside a C down. Potential targets are: > 1st: 20.445 > 2nd: 18.2 > 3rd: 15.3
According to my count the DXY is in 5 waves inside a C and a leg up is still missed before of any significant move down (and then up up up again).
Well, referring at my last idea in which we are into an E leg before the last wave 5 in the bull run (related in the follow), I think that it might be wrong. In fact, analyzing the entire cycle of gold, I think that it is done and there arent anymore waves 5 to complete, cause the 5th has been completed at 2076 $. So, in this idea I would suggest the...
Well, according with the inner counts from an year ago and the big scale Cycle counts (related idea liked below), this would be a projection of the price of Gold in the long run in wich we may be inside a giant ABC 3,3,5 down, below 1300 area. So actually we would stay into a wave 2 (ABC) that can be goes up into 1860/1880 area. Then, if the count is correct, we...
From 2600, are we going by chance to 200 - 42 dollars? Would be so funny! :D
This is the last projection of the possibilities that i can see right now. I drawed 2 different paths that are depending on what the first big move down (from 1916 to 1764) was: 1 > The blu path: would be the C inside the wave 2, if the big move down was a wave 1 and counting it as 12345. In that case we should see a sharp straight move up from 1782 / 76 area...
So, according with the idea that the rally is done at 2074 and we might stay into a giant ABC, this could be another possibile path of the inner wave B (the blue "abcde" as a counter-move, of the wave A), before of the big C down.
Im looking for this move as a C wave down to 1 on these 3 red paths.
Competed D wave inside big wave 4, lets dive for the E.
BLX logaritmic chart with labeled EW macro cycles. The idea of what could be is also drawn.
Be carefull HODLERS... We may are just in the beginning of a big correction in which the target could be 16 / 10k.
After this run and counting all the sub cycles, we may have done with the bull cycle for a while and turn back to home around 1800 - 1200 areas. SWING on the SHORT side?
According to my whole count and past ideas (linked below), we might see a new low to 1640 area. This count at the moment is the better that makes sense to me (because of the whole inner subcounts that i posted in comments on the past ideas). So next short entry would be at the completition of this corrective wave 2 up to 178x (83- 87?). If u find usefull my...
We are going above than expected in the last idea (linked below), but i still think that we are in a Wave (C) before of a new low (to 1640 - 20 area), according with my counts. Precisely, it looks to me that we stay inside the last 5th wave of a "zigzag" ABC (5-3-5) where the first 5 (the relative A) are a w-x-y-x-z. I stay convicted that we are into a big...
This is my last analysis on big the scale on GOLD. According to this I dont think we are in the bull run yet, but we are moving into big complex corrections internally composed all by three drives (different series of 5 3 5 and triangles that often looks like 5 impulsive waves, but they arent, for me). So this could be the last move up to 1762 - 87 before...
I think we are going to test 1762 - 1790 area with a "zigzag" ABC wave (5,3,5), inside a bigger C or E wave. So the idea would be to long on the B completition beetween 1713 and 1699 (ideally the best would be around 1706). Below 1699 probably this count is not a valid prediction, so SL can be tight and we will have to look to something else in terms of...