Hello everyone hope you spending a good weekend, as usual I consider an alternative wave count for gold, in case our main scenario invalidate we use the alternative scenario or maybe some prefer alternative scenario than main. this wave count prepared in H4 timeframe for alt2 weekly scenario (you can find it in our posts). You can see the details in the chart, if...
Hello everyone hope you spending a good weekend, our main scenario in H1 timeframe invalidated so I consider our alternative scenario in H1(H4) as main scenario. our main scenario in daily and weekly timeframe is still valid and invalidation point for this scenario is 1750.54$. as we expected for this scenario our channel finally broke and price could make a new...
Hello everyone hope you spending a good weekend, this is third scenario for gold in weekly timeframe (see previous posts to see the other scenarios). there is one point that I'd like to mention it, wave (b) could pass than wave a in this scenario. You can see the details in the chart, if you have any idea or question about this scenario please share with us in...
Hello everyone hope you spending a good weekend, this is second scenario for gold in weekly timeframe (see previous post to see main scenario). I called it alt1 and there is an alt2 that you can see it in next post. You can see the details in the chart, if you have any idea or question about this scenario please share with us in comment. I will provide more...
Hello everyone hope you spending a good weekend, If you are familiar with Elliott waves, you know that when the price is in corrective waves, there are several possibilities for price movements, I prepare some scenarios for gold in weekly timeframe(if you have seen our posts you already familiar with two of them) so you can see the bigger picture and could plan...
Hello everyone, I updated the alternative scenario chart. as we expected after some correction price moved lower to build wave c. Our channel was able to stop the price for now, but let's see if it can resist during the NFP or not ?! You can see the details in the chart, if you have any idea or question about this scenario please share with us in comment. I will...
Hello everyone, I updated the main scenario chart, as we expected price moved lower to complete wave 2. our channel worked perfectly so far lets see does it work during NFP or not?! You can see the details in the chart, if you have any idea or question about this scenario please share with us in comment. I will provide more elliotte wave count daily if you are...
Hello everyone, I updated the chart for alternative scenario. as you can see in the chart we expect more downward movements to complete wave 2. the target of wave 2 is 1775-1780$. You can see the details in the chart, if you have any idea or question about this scenario please share with us in comment. I will provide more elliotte wave count daily if you are...
Hello everyone, I updated the chart for main scenario, as you can see in the chart sideway movements continue to make wave 2, I expect for a little more sideway movements and after that strong upward rally. I will update alternative scenario which you can find it in next post. If you have any idea or question about this scenario please share with us in comment. I...
Hello everyone hope you spending a good weekend, As we expected, the blue channel was able to stop the growth of prices and pulled gold down. I updated the chart in H4 timeframe, You can see the details in the chart if you have any idea or question about this scenario please share with us in comment. I will provide more elliotte wave count daily if you are...
Hello everyone hope you spending a good weekend, if you have seen our alternative scenario before, I mentioned to this blue channel there that could stop the gold and pull it down. It worked perfect so I added it to main scenario chart too. If gold can stabilize at the top of this channel, then we can hope to continue the upward movement to build wave 3. I will...
Hello everyone, I updated the main scenario chart for the H1 timeframe. there was a strong upward movements yesterday let's see if it will continue to build wave 3 or not?! you can see the details on chart if you have any idea or question about this scenario please share with us in comment. I will provide more elliotte wave count daily if you are interested follow...
Hello everyone, I updated the chart for alternative scenario in H4 timeframe. as I mentioned before wave x could pass than wave 1 and make a new high. there was a strong upward movements yesterday lets see this channel could stop it or not?! If you have any idea about this scenario please share with us in comment. I will provide more elliott wave count daily if...
Hello everyone, as we expected gold moved lower to complete wave 2. I updated the chart for main scenario, as you can see in chart wave 2 completed with a shallow wave, I expected a deeper wave but it seems wave 2 is done here and we are in the beginning of wave 3. If you have any idea about this scenario please share with us in comment. I will provide more...
Hello everyone, I updated the chart for main scenario, as I mentioned before it seems wave 2 is not complete yet. I expect some downward movements to complete wave 2. if you have any idea about this scenario please share with us in comment. I will provide more elliott wave count daily if you are interested follow us to receive updates. 📣 Attention 📣 ⚠️ 1. We...
Hello everyone hope you spending a good weekend, we have a new alternative scenario for gold in H1 timeframe (you can find main scenario in previous post). you can see the details on chart, there is one point about wave (x) that I like to mention it, wave (x) could pass than wave 1 and make a new high. invalidation point for this scenario is 1750.54$. if you have...
Hello everyone hope you spending a good weekend, as I mentioned before our alternative scenario had more credit than main scenario and by new low below 1791.52 our main scenario invalidated and now we have more confidence about this scenario. I updated the chart so you can see recent movements by more details. as you can see in chart I think these downward...
Hello everyone, I updated the chart for alternative scenario, as we expected price moved lower to make wave (c) of wave 2. as you can see in chart we expect more downward movements to complete this wave and after that start an upward rally. if you have any idea about this scenario please share with us in comment. I will provide more elliot wave count daily if you...