Złoto / Dolar USA
Short
Zaktualizowano

GOLD : Bear market rally is over [Elliot Wave Analysis]

Corrective move upwards on XAUUSD with triangle thrust target and .618 pullback met.
Uwaga
*posts bearish idea about gold*

*gets lectured about "economics" and "fundamentals"*


These kinds of comments make me feel way more confident on short this asset.

You guys have no idea what you are talking about, just trying to convince others in a vogue attempt to convince yourself.

I have been tracking and updating this and silver since January 2019. Post your narratives elsewhere, please and thank you.

twitter.com/AcelCrypto/status/1097962039199309824?s=20
Uwaga
Here is your precious silver also.

twitter.com/AcelCrypto/status/1090609320750997505?s=20
Uwaga
Recent price action on gold is corrective, which means it can see some temporary upside before at least another leg down. snapshot
Uwaga
Extension in the 5th, empty space below.

You guys in the comments need some help with fUnDamEntAlS?snapshot
Uwaga
snapshot
Uwaga
Clean 5-wave recovery on gold, so short term bias switches to bullish after a 3-wave PB. This is a key area for the bearish argument.
Uwaga
snapshot
Uwaga
For the record, the alternate view has the triangle completed lower and it sees one last push.

snapshot
Uwaga
Alt count posted above is in play. Macro bearish bias remains -the high is just not in yet.
Uwaga
High should be in now - with confirmation of Nov low break.

Target adjusted to ~940s , in line with the first gold support from the original idea.

snapshot

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