Gold
Short
Aggiornato

Is GOLD headed to ~2500 as part of correction ?

303
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 attivo
Gold just broke its lower degree 4th wave, so the down fall should accelerate a bit now
Nota
Gold seems to have completed its final wave and is ready to fall, it is a multi month target, so will take time
Nota
Gold has stretched its Wave-3, we will discard this view and I will publish new view once charts confirm my understanding.,
Ordine annullato
view went wrong, will publish new view based on price action confirmations

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