Gold short-term SELL setup

Telah dikemas kini
Arguments:
- trendline of 3rd (yellow) wave is broken.
- divergence in 3rd and 5th wave(green) tops(12 and 17 jan) inside 3rd wave extention(yellow).
- ABC (3-3-5) expanding flat pattern. wave B is still forming.
- wave (c) (inside B wave of ABC pattern) is a diagonal.
sell it when line conecting 2 and 4 wave's ends of diagonal(green) is broken,
wave C should be a 5 wave impulse or a diagonal.
wave C should correct extended wave 3(yellow) by smth like 38%, and should finished inside wave 4(green) of lesser degree.
after that wave 5(yellow) (up) should be.
Keep an eye on it!
Good luck!
Nota
syot kilat
there is an possibility, gold makes one more abc up(5th diagonal wave) before going down.
Nota
looks like zig-zag pattern.
flag breakout will be a confirmation.
gold may drop well below 1991
syot kilat
Nota
possible scenario
syot kilat
Dagangan aktif
1991 target is reached
next one is 1174
syot kilat
Dagangan aktif
looks like gold completed corrective structure.
syot kilat
Dagangan ditutup: sasaran tercapai
I've just looked at my 1st gold idea.
GOLD SELL setup

Original price target was wave C = 1.618 * wave A = 1180.7
syot kilat
looks like ABC correction(wave 4) is nicely done.
so, wave 5(up) unfolds.
targets for wave 5 are 1221 (100% of wave 1) and 1246 (161.8% of wave 1)
Gold

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