GOLD LOW PROBABILITY NEOWAVE ANALYSIS
The only reason I’m making this post is to learn from it later on.
This is a very low probability chart, as mentioned in the title, since I do not have many clues to tell what kind of correction this is.
My best guess would be a diametric, so I am going to assume that.
The first leg of the pattern is a diametric.
I’m not sure what exactly is the second leg, but anyway, the second leg was stronger than waves B, D, and F. I could tell with certainty that this is either going to be a leg of a larger correction or a terminal impulse.
The only reason I rule out a terminal impulse is because of wave B in the third leg, which is taking a ridiculous amount of time.
The third leg is a zigzag correction, which should complete below the larger wave A.
P.S - The primary assumption is that gold has topped, and we should keep edging lower
This is a very low probability chart, as mentioned in the title, since I do not have many clues to tell what kind of correction this is.
My best guess would be a diametric, so I am going to assume that.
The first leg of the pattern is a diametric.
I’m not sure what exactly is the second leg, but anyway, the second leg was stronger than waves B, D, and F. I could tell with certainty that this is either going to be a leg of a larger correction or a terminal impulse.
The only reason I rule out a terminal impulse is because of wave B in the third leg, which is taking a ridiculous amount of time.
The third leg is a zigzag correction, which should complete below the larger wave A.
P.S - The primary assumption is that gold has topped, and we should keep edging lower
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