Gold 4 wave? Lets see if we make a triangle
Loving the Elliott Wave theory painted on GOLD here and I see a few longterm options.
ABCDE happens often on a 4 wave between the .382 and .50 fib level.
4 wave can also be an ABC all the way down to .618.
Looking at longterm buys around all these fib levels depending on what outcome happens.
I think gold will do good after my parabolic run-up in stocks
once we start the correction in stocks gold will moon.
www.tradingview.com/...il-will-bottom-soon/
Stay healthy and stay profitable <3
ABCDE happens often on a 4 wave between the .382 and .50 fib level.
4 wave can also be an ABC all the way down to .618.
Looking at longterm buys around all these fib levels depending on what outcome happens.
I think gold will do good after my parabolic run-up in stocks
once we start the correction in stocks gold will moon.
www.tradingview.com/...il-will-bottom-soon/
Stay healthy and stay profitable <3
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This is my bearish option and I think is less likely.