Gold Short: Walkthrough of Wave Counts and H&S

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This is the video walkthrough of the Elliott Wave Analysis of Gold that I posted 8 hours earlier. I made an update to the head-and-shoulders in this video and discusses the change in neckline. I also discuss about why I chose to label the waves as they are and how they might have been labelled otherwise. In the end, this is still a short call but with the H&S tilt shifted down.

I realised that I missed out on how to do the profit target, but please refer to the linked static idea for the profit target and stop loss. Thank you!

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