harshjapee

Gold is Carving an expanded flat or A Diagonal - Dec 28, 2017

OANDA:XAUUSD   Emas/Dolar U.S.
Gold             has pipped us twice with the sharp rally cutting through all resistances. We present 3 probable wave counts below, and they all keep the bigger picture intact.
1. An expanded flat: This should push prices close to 1310 levels at least before drifting lower sharply towards fresh swing lows.
2. Ending Diagonal: Wave C, within an A-B-C correction can be an ending diagonal structure. If it holds true, prices shall turn lower from current levels through fresh swing lows at 1200
3. If it is a combination a-b-c-X-a-b-c, prices should reverse from current levels and push lower through 1200 levels.
Trading point of view, we are flat now but looking to sell on rallies again.

Good luck!
Harsh Japee
Completely wrong.
Balas
harshjapee giuseppe.grande
@giuseppe.grande, Agreed. This one went wrong.
Balas
Is this EWT forecast?
Balas
harshjapee fhsk2001
@fhsk2001, Brother i don't know if EWT also sent the same. But i believe it could be same even while we are not copying. Elliott wave analysis is universal.
Balas
harshjapee harshjapee
@harshjapee, Also to keep you informed i cleared CEWA Level-1 from Elliott Wave International certification program. so if you mean the same organization, i'm happy!
Balas
fhsk2001 harshjapee
@harshjapee, Congrats on that. I know you are good EWT specialist. Let's see if pog will pass 1294 level.
Balas
harshjapee fhsk2001
@fhsk2001, Humbled by your comment, it is nothing but Divine Grace. Good luck Brother
Balas
fhsk2001 harshjapee
@harshjapee, Thank you brother. Good luck on us and cheers!
Balas
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