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

Nota

Gold Weekly Chart.

29 feb 2020

Nota

29 feb 2020

Nota

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

8 mar 2020

Nota

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

15 mar 2020

Nota

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

21 mar 2020

Nota

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 mar 2020

Trade chiuso: obiettivo raggiunto

Gold reached target zone.

24 mar 2020

Nota

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.