I think, there is a Wolfi pattern in Gold chart. It can be a perfect chance for buying. It is also possible to see a little fall and then it starts.
Hi, it seems to not finish the current trend because of two reasons: 1) the point that the wave C was complete, I mean this wave had to finish under or above the trend line and therefor after that a wave x started so that it corrected less than 61.8 percent of wave C 2) according to price action it was unable to break the previous resistance and then experienced a...
According to the time of waves and compared with the waves in higher degree, I think it is to start the first correction 2. addition to this, the price is near the strong line and this can be another reason to accept this idea. I hope.
I think , it finished the terminal pattern and now it is time to back the first wave of terminal in the half time of terminal. I hope.
I think it finished wave A and starting wave B and also forming the right shoulder.
This is finishing Wave c and preparing for Wave 5 and there is no sign of back in trend then I think it is going up.
This is finishing Wave c and preparing for Wave 5 and there is no sign of back in trend then I think it is going up.
The general trend is bearish in 4 hours and so far there is no sign of a reversal of the trend. then the trend is continuing.