©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master Designation).
Conclusion: The previously mentioned ALT wave count scenario is triggered, gold continues to fall lower with a ((c))-navy wave.
Probability assessment: Main wave count scenario.
Forecast direction: Pushing much lower.
Long-term bullish potential: Not really, the ((c))-navy wave can move to lower targets; therefore the medium-term outlook is bearish.
Details:
We are moving down with a ((c))-navy wave in a flat pattern of 4-grey wave. The decline will move to a target of 2,671.0 and then 2,596.7. While the price must remain below 2,794.8 to maintain this view.
Invalidation Point: 2,794.8.
Conclusion: The previously mentioned ALT wave count scenario is triggered, gold continues to fall lower with a ((c))-navy wave.
Probability assessment: Main wave count scenario.
Forecast direction: Pushing much lower.
Long-term bullish potential: Not really, the ((c))-navy wave can move to lower targets; therefore the medium-term outlook is bearish.
Details:
We are moving down with a ((c))-navy wave in a flat pattern of 4-grey wave. The decline will move to a target of 2,671.0 and then 2,596.7. While the price must remain below 2,794.8 to maintain this view.
Invalidation Point: 2,794.8.
Elliott Wave by Shane
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Elliott Wave by Shane
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.