Elliottician_SamRoy
做多

GOLD - Long term Long - Alternate wave Counts

FX_IDC:XAUUSD   黄金/美元
End of wave-4 or just wave-A of wave-4 at exact 50% fib retracement of wave-3.
Check Main wave counts here:
评论: Look how nicely GOLD has followed the road-map we predicted a year ago using only and only the Elliott Wave Principle.
Happy trades.. :)
评论:
评论: Current position of Gold (circled area) is correction-inside-correction-inside-correction scenario and nothing really to trade here as of now. Black wave-B could form any corrective pattern as zigzag, flat, triangle or even a combination so I really dont wanna touch Gold until this corrective wave-B (black) ends. Anyway, whatever corrective pattern wave-B (black) ends up forming, its first wave-A or W is done and second wave-B or X is underway or completed already and obviously third wave-C or Y is gonna be bullish. I am standing aside in case of Gold because its current price action can chop my account easily and repeatedly.
Good luck

评论: Hi guys
My bias for Gold is still the same, "sideways"!
Look how many ups and downs whipsawed traders there. At the end of this triangle, we can prepare to go long to ride blue wace-C "IFF it still stays in the same context".
Happy trades :)
I guess we are in wave C now?
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Elliottician_SamRoy bullsbabybulls
@bullsbabybulls, Looks so. But plz keep in mind that A-triangleB-C is just one scenario. This big black waveB could also make Flat or even an expanded Flat :) Good luck
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You are great! According to your analysis, what comes after that? Gold heading even higher after that?
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Elliottician_SamRoy bullsbabybulls
@bullsbabybulls, Thanks bbb.
Current position of Gold (circled area) is correction-inside-correction-inside-correction scenario and nothing really to trade here as of now. Black wave-B could form any corrective pattern as zigzag, flat, triangle or even a combination so I really dont wanna touch Gold until this corrective wave-B (black) ends. Anyway, whatever corrective pattern wave-B (black) ends up forming, its first wave-A or W is done and second wave-B or X is underway or completed already and obviously third wave-C or Y is gonna be bullish. I am standing aside in case of Gold because its current price action can chop my account easily and repeatedly.
Good luck

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bullsbabybulls Elliottician_SamRoy
@Elliottician_SamRoy, thanks a lot!
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Elliottician_SamRoy bullsbabybulls
@bullsbabybulls, you are welcome
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These wave counts have more probability of materializing. This has become Main counts now as the ending diagonal on ex-main counts doesnt have the "right look".
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Elliottician_SamRoy Elliottician_SamRoy
Click on Play button to see the right look of ending diagonal
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