EuroMotif

XAU.USD destined to hit $1450 ? Gold retrace possiblity

OANDA:XAUUSD   黄金现货/美元
Gold looks to continue the retrace with mixed econ news.
While it is POSSIBLE that retrace has ended, I dont think so.
One more leg down is highly likely, question is to WHERE?

The EW wave paths are purely a GUESS, fwiw.
But the zones are SOLID and will cause reactions.
The zones just above and below determine BREAK.

I am still bullish in general and expect new highs soon.
This is a necessary correction for strong uptrend support.
If we do not test $1450, we face a severe crash from higher.

.

Previous Gold Analysis caleld almost every turn (click):
$1498 top call<= Last Post
$1600 then $2100?<= Still Plausible
$1480 short TP
$1515 top call<= Awesome Short
$1555 top call<= Just in Time
$1406 to $1525<= Called the Jump
$1386 bounce
$1439 top call<= To the Penny
$1332 bounce
$1270 bounce<= To the Penny
$1280 break
$1380 call <= 8 mos ago

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

.



the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。