The main target for super grand cycle is 44K and proposed to ended W5 by large Ending Diagonal.
Gold since 1971 year of releasing Gold away of USD according to Reserve Bank decision, by President Nixon , at level of $50 /OZ with following waves Structures: 1 - Impulse wave (1) @ 873 level. 2 - Correction Wave (2) @ 243 level. 3 - Impulse Wave (3) @ 1921 : W3 = W1x2.24% 4 - Correction Wave (4) CT in progress to alternate with Wave (2) in shape & time...
Gold since 1971 year of releasing Gold away of USD according to Reserve Bank decision, by President Nixon , at level of $50 /OZ with following waves Structures: 1 - Impulse wave (1) @ 873 level. 2 - Correction Wave (2) @ 243 level. 3 - Impulse Wave (3) @ 1921 : W3 = W1x2.24% 4 - Correction Wave (4) CT in progress to alternate with Wave (2) in shape & time...
gold 5 m ending diagonal target 1939 then 1912 - 1918
The Hi 2080 to 1895 is IM wave as wave A or 1 , then achieve wave a then wave b as Regular Flat , just have 2 scenarios here either C will be running flat fail to exceed wave a or become extended flat and breakup wave a @ level 2020 .
Scenario (1) WAVE 4 CT . Target finalize wave 4 till 2030
Still in Structure of wave 5 of 3 in Ending Diagonal structure expected to finalize @ 1836 - 1856 levels and could be extension 1860.
Gold in EW scenario structure in way of ED of wave 5 of 3 of first impulse wave from low 1620 .. which expected to finalize wave (3) at level of 1848 - 1860 then talking to correction of wave (4) later.
Elliott Waved Gold Scenario 4H : We Start bullish direction could considered as Impulse Wave since the wave 2 correct around 99% , which can't be considered as wave (b) .