After reading an analyst's conclusion that there was no bearish scenario for gold (after a trend-line bounce on the 3rd of July) I thought it may be worthwhile to have a look myself. My belief is that there is always a bearish and a bulish view, certainty has little place in markets. Here it is for whatever it is worth - solely an exercise in technical analysis.
I am not an industry professional etc etc.
I am not an industry professional etc etc.
Catatan
A 1.618 extension of wave (v) would be very close to a 1:1 extension of wave (A) down. Now, if I can see how to add charts to this idea I will add additional explanation to this bearish view and also a bullish view.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.