GOLD (XAUUSD): its the final countdown?
Well, according with the inner counts from an year ago and the big scale Cycle counts (related idea liked below), this would be a projection of the price of Gold in the long run in wich we may be inside a giant ABC 3,3,5 down, below 1300 area.
So actually we would stay into a wave 2 (ABC) that can be goes up into 1860/1880 area. Then, if the count is correct, we should see a huge move down below 1500 area before the long time retracement for the wave 4.
In the follow i will post some details and updates in the comments.
So actually we would stay into a wave 2 (ABC) that can be goes up into 1860/1880 area. Then, if the count is correct, we should see a huge move down below 1500 area before the long time retracement for the wave 4.
In the follow i will post some details and updates in the comments.
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Count of the Wave 1 inside the C:
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A inside the Wave 2:
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Possibile projection path:
75, 85, 52, 80, 25, then long to 187x
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in case we are into a wave 2 (this idea)
in case we are into multiple corrections (in both side)
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a possible path to 1760 area (B wave?):
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This idea could be wrong (cause the wave 4 counted in this is not valid apparently), we might have to back to my old idea one here:
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