Vàng / Đô la MỹGiá lên
Gold - Hate To Call Bottoms
I've been waiting for this Ending Diagonal in Gold to finish it's final downward leg.
Now it seems we have overshot the lower trendline and rejected back up.
In Elliott rules for ending diagonals we don't have Wave III as the smallest wave, since wave V is shy of 1 on 1 with Wave III.
Chances are a new bull market is on the way. It even could be the Final bearish leg from the last crash in 2011. So we might be seeing bullish Gold for a really long time.
For the time being I've set a buy stop to go long to at least take advantage of the Wolfe wave setup we see here.
For further buy setups, if any, I'll post them later.
Now it seems we have overshot the lower trendline and rejected back up.
In Elliott rules for ending diagonals we don't have Wave III as the smallest wave, since wave V is shy of 1 on 1 with Wave III.
Chances are a new bull market is on the way. It even could be the Final bearish leg from the last crash in 2011. So we might be seeing bullish Gold for a really long time.
For the time being I've set a buy stop to go long to at least take advantage of the Wolfe wave setup we see here.
For further buy setups, if any, I'll post them later.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.