Gold , Weekly , bear market setup is coming in months ahead
This is Gold weekly chart and here is our update :
Major decline (a) ended at early 2016 and from then we are at major (b) wave.
Inside (b) : lower degree a is impulsive and clear and b of (b) which is most time-consuming wave is formed in shape of contracting triangle . c of (b) which is probably the final stage of major (b) formed in a terminal pattern and you can see it's detail in the chart. Because terminal c has broken the top channel of flat it can unfold some time on it and then +5 years bear trend for gold will start. This is when wave 5 of c of (b) terminate. Usually wave c consume approximately half of a+b time.
Want to have all low risk and high probable long and short trade setups for free ?
follow US :)
Major decline (a) ended at early 2016 and from then we are at major (b) wave.
Inside (b) : lower degree a is impulsive and clear and b of (b) which is most time-consuming wave is formed in shape of contracting triangle . c of (b) which is probably the final stage of major (b) formed in a terminal pattern and you can see it's detail in the chart. Because terminal c has broken the top channel of flat it can unfold some time on it and then +5 years bear trend for gold will start. This is when wave 5 of c of (b) terminate. Usually wave c consume approximately half of a+b time.
Want to have all low risk and high probable long and short trade setups for free ?
follow US :)
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.