My thesis regarding gold is simple—an Expanded Flat correction for Wave 2.
The primary rationale for this determination lies within the retracement on completion of the initial 5-Wave move up on completion of WA. From my perspective, this retracement exhibited insufficient depth to be counted as a W2. Reverting to what I call the Elliott Wave Theory paradox, if it is not a W2, it must be a WB.
Therefore, the following move completed WC of WB, with PA now residing in W1 of WC of an Expanded Flat which is forming as W2.
I expect PA to push to the 1.618 FIB to confirm that the bottom is in before launch.
Safe Trading.
The primary rationale for this determination lies within the retracement on completion of the initial 5-Wave move up on completion of WA. From my perspective, this retracement exhibited insufficient depth to be counted as a W2. Reverting to what I call the Elliott Wave Theory paradox, if it is not a W2, it must be a WB.
Therefore, the following move completed WC of WB, with PA now residing in W1 of WC of an Expanded Flat which is forming as W2.
I expect PA to push to the 1.618 FIB to confirm that the bottom is in before launch.
Safe Trading.
註釋
If you were wondering how this may tie in with DXY, here is my count.DXY Chart:
註釋
I do not think W1 is in yet.Chart:
註釋
註釋
註釋
註釋
註釋
註釋
註釋
註釋
DXY註釋
註釋
註釋
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。