Gold (XAUUSD)
Short
Aktualisiert

Is GOLD headed to ~2500 as part of correction ?

304
Gold had a good run up from ~1600 levels to ~3500 level.

It seems to have completed Wave3 and has ended week with Shooting start candle.

Invalidation :
This view of correction is invalidated if Gold closes above 3500 as part of weekly close.


The correction time period may be around 6~8 months.,
Trade ist aktiv
Gold just broke its lower degree 4th wave, so the down fall should accelerate a bit now
Anmerkung
Gold seems to have completed its final wave and is ready to fall, it is a multi month target, so will take time
Anmerkung
Gold has stretched its Wave-3, we will discard this view and I will publish new view once charts confirm my understanding.,
Order storniert
view went wrong, will publish new view based on price action confirmations

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