No short till 2830 in the middle of November

9月25日

Gold is moving upwards and the count indicates it will give two more pullbacks before reaching 2830 in the middle of November 2024. Currently the momentum is strong and until two way market develops, only long positions should be established. I will update the idea when we reach final phase of the move.

9月27日

注释

Possible path forward:

9月30日

注释

The key price level to watch is 2600. If it drops below that, the count can change but unless it does, then we're still in the main scenario presented: searching for a low with circle yellow 4.

10月1日

交易开始

We're probably going to attack 2700 now

10月3日

交易开始

At this point we are most likely going for 2720

10月3日

交易手动结束

Current momentum is too slow to justify laid out scenario of wave 3 of 5. This is most likely still a correction phase. May be that wave 4 is not yet finished.