Gold to Break the Recent Low Tonight or Tomorrow

30 kwi

It looks like we have an impulsive count to the downside for a C or 5th wave. I'm looking for the Green 5th wave to extend to the deeper fibonacci target of 278% after a decent 4th wave bounce... but first it needs to complete blue 345 to the downside.

Deeper Targets possible - will update the idea as it progresses.

30 kwi

Uwaga

I would love it if Blue 3rd or 5th extends but I expect it to be green, it's usually the last 5th wave that sinks the battleship... but then Gold doesn't usually do what I tell it to either, so that's IF...

30 kwi

Uwaga

Blue 5, Green 3 - sorry working off my minutes chart...

30 kwi

Uwaga

We should be making Green (4) now main chart top of the page...

Which is Teal Circled 4 on the this chart.




There's a chance 4 is over in a single wave, but probably not - more likely it will take two hours to complete or more.

30 kwi

Uwaga

I still have my puts, I will close them over the pictured 62%

30 kwi

Uwaga

Actually I think will be starting Teal 5 any second... if this was a C wave of 4 it would be climbing higher faster most likely.

30 kwi

Uwaga

- meant to paste this

30 kwi

Uwaga

If anyone is following, please leave a comment!

30 kwi

Uwaga

Consider taking some profit at 2325 - there is a reasonable chance we get an even bigger bounce there.

30 kwi

Uwaga

The stab lower that just occurred could have reversed and started a 4th wave - but instead it looks like it is a 1st wave of an extension. Stay Short.

30 kwi

Uwaga

And 2322 was the bottom of that wave - big 4th underway now.

30 kwi

Uwaga

I think the 4th wave will be wrapping up on the next high... not sure we didn't make it very high but clearly the trend is strong.

30 kwi

Uwaga

Next pop will be 38.2%, a completed ABC to 123% and 5 waves up for C - that has a reasonable probability of being it.

30 kwi

Uwaga

30 kwi

Uwaga

As messy as my minutes chart is - the wave finished exactly at 162% - and so far we have ABC up... once B down is complete and if we get really lucky, we may get a super strong C wave up next... hopefully all the way to 50% with only small dips... but there's no telling for sure once you're in corrective waves.

30 kwi

Uwaga

I think this should be what we see next.

30 kwi

Uwaga

Never mind i do not trust it to that high - update in a second

30 kwi

Uwaga

Tricky tricky gold... this seems most likely.

30 kwi

Uwaga

I think we're in C down... it will be 2310 if it's 50% of A... 38% would come in at 2314.

30 kwi

Uwaga

feels like we're definitely in C down now. Same targets.

30 kwi

Uwaga

Bottom's in I'd say

30 kwi

Uwaga

No no never mind making a 1-2

30 kwi

Uwaga

30 kwi

Uwaga

I think the market turns around on the next low... to make the 4th wave anyway. Close on the next dip for sure.

30 kwi

Uwaga

tradingview.com/x/59UYHzyK/It may have already completed 3 in a broadening diagonal - I don't think so but it's possible. The recent waves are likely a 4th wave before one more down - BUT they feel exactly like we're already in the larger 4th wave.

30 kwi

Uwaga

30 kwi

Uwaga

Fold flagging - fib targets 2275

1 maj

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