gravityy
Panjang

Gold (XAU/USD) Elliott Wave - Is Gold in Wave 1 of 3 of 3/C?

FX:XAUUSD   Emas/Dolar U.S
See Elliott Wave count on chart.

If this possibility turns out to be true, Gold             could hit targets around 1500 in the next 6 to 12 months.
Komen: To get a better Entry, one could wait until price signals the end of the recent correction (probably wave 2 of 1 of 3 of 3/C).

Wait if 1283-1280 holds, then long possible. If prices breaks this area to the downside, 1275-1274 should be the next region where byers could push prices into wave 3.

If price falls below 1267, this wave count was invalidated and something else is going on.
Komen:
snapshot
Komen: Updated count:
https://www.tradingview.com/chart/Df5v4la3/
Komen: Update:
snapshot
Such nice and neat chart !!!
Balas
gravityy cocawater
@cocawater, Thanks! :-)
Balas
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