GOLD (XAU) Longterm 5 wave analysis (TF:1M)

Hello, I am King Technic


This is my analysis of the wave count of gold charts for the long term (several decades!) And what will happen!

Wave 1: Includes Sharp moves up to $ 700
Wave 2: correction wave for wave 1(pull back-retest of break out)
Wave 3: Formed after coming out of the relative ceiling and breaking it (the big wave 3 itself has 5 waves and we are forming wave of 5 of 3 in a few months.)
Wave 4: Correction of wave 3 and possibly break the trendline of wave 3
Wave 5: With a gentle and upward slope!

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