Gold Monthly Chart (March 2020)

29. Feb. 2020

Gold Monthly Chart
Trend : Bullish
Current wave : In wave 3.
Plan : Long term strategy is buy. Short term sell.

29. Feb. 2020

Anmerkung

Gold Weekly Chart.

29. Feb. 2020

Anmerkung

29. Feb. 2020

Anmerkung

Speculation with EW. Possible extended wave 5 to complete wave 3.

8. März 2020

Anmerkung

Speculation for next week (9th Mar onward).
Going to wave 2 of extended wave.

15. März 2020

Anmerkung

Next week speculation on EW + Fibo (17/3/2020) for Gold.
This is only guideline.

21. März 2020

Anmerkung

GOLD 23/3/2020 (NEXT WEEK)
Wave b (circle) valid.
Wave (ii) valid.
Then Next direction is to reach Wave (iii) and Wave (v).

If Gold drop below Wave b(circle) next week,
then Wave y(circle) maybe extended to lower level.
then bullish impulsive wave (i~v) to Wave c(circle) has to be reviewed.
This is only guideline.

24. März 2020

Trade geschlossen: Ziel wurde erreicht

Gold reached target zone.

24. März 2020

Anmerkung

If Wave (v) completed to complete Wave c (circle) and Wave X (circle), we may want to look for downtrend structure to go for Wave Z (circle).
If Wave Z( circle) cannot be completed, probably a new higher level of Wave 2 formed.
Just for training purposes.