The price finally confirmed the reversal breaking above the resistance.
We got small correction on lower time frame (wave b).
The yellow zigzag shows the anticipated path.
Now the metal aims at 18.28-19.98 according to Fibonacci projections.
Then we should see the larger correction.
And then another leg upside, probably the final before the huge drop down.
Utlimate target where the large Y = large W = 23.10
We got small correction on lower time frame (wave b).
The yellow zigzag shows the anticipated path.
Now the metal aims at 18.28-19.98 according to Fibonacci projections.
Then we should see the larger correction.
And then another leg upside, probably the final before the huge drop down.
Utlimate target where the large Y = large W = 23.10
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Daily chart clone based update - very interesting findings there.
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Triangle on 1H
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Don't buy right now. Wait.
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Updated count. Watch closely. Reversal is soon
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Sharp move above 17.59 would make me think long
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Detailed clone chart with subwaves and time lines added
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too fast, too furious )) could be a running flat not an impulse up
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Larger degree labels added and fit very well with the trend and yellow abc labels
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15min zoom for setup
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Daily chart. Same as 1wk ago. Added some details
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4H Chart. Wait for breakout. Price is still in the trend. I think it shows consolidation and we can see another drop before any attempt higher.
