Thanks Merka. we all have our priorities, i have the time and patience now, so started posting again.

Elliot Wave Analysis

gold seems to be in a triangle on lower time frame. stop loss hit in selling. waiting for a breakout to buy. since the correction in gold takes a long time, it would be best to wait out for the breakout to the top.

Elliot Wave Analysis

gold seems to be in a triangle on lower time frame. stop loss hit in selling. waiting for a breakout to buy. since the correction in gold takes a long time, it would be best to wait out for the breakout to the top.

New Cable Thread & Other Pairs

Gold update. The probability of a C wave down has gone down now. on the 5 minute chart, we never got a 5th wave, if it did, then it was a truncated wave. the only chance of a C wave down is an ending diagonal where the 4th wave has ventured into the ...

Elliot Wave Analysis

Gold update. The probability of a C wave down has gone down now. on the 5 minute chart, we never got a 5th wave, if it did, then it was a truncated wave. the only chance of a C wave down is an ending diagonal where the 4th wave has ventured into the ...

New Cable Thread & Other Pairs

Here is a 5 minute chart of a good possibility. i will sell for a C wave down with a tight stop loss.

Elliot Wave Analysis

Here is a 5 minute chart of a good possibility. i will sell for a C wave down with a tight stop loss. sell limit at 2424 , 2431 . Stop loss at 2439 .

New Cable Thread & Other Pairs

Gold has hit the 61.8 which seems perfect as this is a normal target for wave 5 of bigger wave 1. Now we need to wait to see if any lower support breaks to get a-b-c correction to the downside for a wave 2 of wave 1 or will it extend further. if ...

Elliot Wave Analysis

Gold has hit the 61.8 which seems perfect as this is a normal target for wave 5 of bigger wave 1. Now we need to wait to see if any lower support breaks to get a-b-c correction to the downside for a wave 2 of wave 1 or will it extend further. if ...

New Cable Thread & Other Pairs

Dear traders, new to this thread, here is my humble approach to Elliott wave on Gold. My TP on gold has hit at 38.2 of this rally (2416). this could be the 1st wave of a 5th larger rally. Now expecting a retrace to 50% at 2347. Since gold is ...

New Cable Thread & Other Pairs

Dear traders, my TP on gold has hit at 38.2 of this rally (2416). this could be the 1st wave of a 5th larger rally. Now expecting a retrace to 50% at 2347. Since gold is extremely bullish, there is a good possibility that gold will extend to 61.8 to ...

Elliot Wave Analysis

My second view on gold: Gold has completed 3rd wave at 161.8 % and is now in the 4th wave to FE 100 at 2358 to 2360. once completed there will be another rally to FE 200 (marked at 2413) at least. usually, commodities extend on the 5th wave. in that ...

Elliot Wave Analysis

Gold Analysis. All roads lead to long only!! There are different views: This rally is the beginning of the 5th and final wave after which there will be a substantial retrace to at least 50% of the whole long move. This chart below is to show a ...

Elliot Wave Analysis

. ok i get it. thanks for the reply.

Gold By NextElliott

i am interested in this thread coz i trade gold a lot. the only other two assets i trade are us30 and nas100.

Gold By NextElliott

May i ask what is the logic in your calculation? is it some leading technical indicator or is it purely fundamental analysis? If it is FA then could you share it ? predictions are meaningless unless you have something to back it up. you are not ...

Gold By NextElliott

Now super bullish on Gold. it does look like a 1-2, 1-2 and then a big third wave to come. Gold does not look like it's going to stop at 161.8 for a retrace to FE 100. anyway, my initial target is 161.8 (2393). after that if it starts retracing then ...

Gold By NextElliott

i believe that gold is bullish trying to trace out the 5th wave as mentioned before. next target is wave 3 of 5 at 161.8 (2392 ) as shown in the chart below. the 10year yield and dxy seems to be going down. After 2392 a 4th wave to 2358 which FE100 ...

Gold By NextElliott

If you insist! but it's going up before any more fall is what my Spidey sense tells me. Let see .

Gold By NextElliott

i want to believe that the next wave up is wave 5 to 2500 ++

Gold By NextElliott