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GOLD SHORT HOLD!! MASSIVE MOVES INCOMING

Hi guys, here's what i see with gold . I believe wave 1 will complete soon and begin retracing for wave 2. Once wave 2 is complete, I believe we will see wave 3 with fierce strength go down and break the Head & Shoulders neckline and therefore give us a BIG move down. I'm personally going to hold this for a while as i see a HUGE short incoming on Gold .

Please see picture below of what i posted a few days -1 week ago.

Happy trading guys! Please LIKE and follow me. Thanks! <3

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ibb.co/cTJg0P5

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As you can see in that screenshot, price completed it's ABC sharp corrections and now is beginning WAVE 3 of a BIGGER WAVE 3.
MASSIVE MOVE INCOMING!

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5min:

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SCENARIO 2:
One thing i'm a little worried about is if i counted incorrectly and that this is the move:

I will watch as closely as i can. I entered abbout 13000-1303 and have placed Stop losses BELOW this price so that i won't get affected if price is to turn and knock me out.
I have risk free trades running. That's the position that you enter is important.
If price completes it's ABC and ends in the blue zone before beginning to drop, i will add another position and short it down.
Remember to keep your position size to 2% MAX total risk to your portfolio.
Once you have positions in STOP PROFIT like i have where the trades have become RISK FREE, then you are free to add another position to bring your MAX RISK per your portfolio at 2%.

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Look at this. On the hour we want to see these candles close below. 38.2 - 50% retracement for the downside shows a powerful, sharp move.

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Sorry guys i made mistake with the screenshot that ends at 78.6 I took the completely wrong swing high -.-" SO SORRY hahha
Here's the new one!!!!

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hm.....

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HEre we go guys!

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Okay i miscalculated the count. Here it is though. C completed. Drop occuring. I have already been entered and holding the short. If you would like to enter but haven't yet.
1. Enter now and place a wide stop above that top blue "c" wick. PLEASE MAKE SURE YOU DON'T OVERLEVERAGE. STICK TO 2% MAX risk per your total portfolio capital and you will be safe.
2. If you don't like the wide stop, wait until the ABC correction is made I have highlighted it. Please don't count on this, price COULD or COULD NOT correct so early. We will see. It most likely will do a correction nor else everyone will think it's a short, and that's no fun for the big players.

Play it how you want to.

All the best guys! I predict a long and hard short! HOLD.

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Potential Set up HERE: Nice pullback for the release!

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This set up must reverse in this area for the short set up to be valid at this current time.

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That C leg can extend ABOVE the all time high but that means the drop won't be as severe. I'm expecting a LARGE drop, hence price must reverse in that blue zone.
However, expect the unexpected.

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C leg to finish with a last 1-5 wave. Hopefully ending off at the extremes of this blue zone so that we can see a huge drop :)

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15 min view:

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Looking perfect so far.

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Coming for a retest of that 61.8%

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Looks like a flag

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I'm just worried that my count was wrong and we have 1 last leg up before the final drop.

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Possible double tap off the extremes of the blue zone + Momentum Divergence set up with potential macd crossings.

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DROP ZONE

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Double tap. Looking now for a break of the triangle.

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Triple Tap, break?

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If this is off to the downside, Wave 1 is being created. (Wave 1 of WAVE 2 of a bigger WAVE 2)

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15 minute. Let's RIDE this short guys. HOLD ON. I'll provide updated analysis when i can.

If you liked my analysis, please LIKE and follow, i will really apprecaite it! <3

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Place stops above that that little wick which is above the blue zone.

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Is that a bullseye shot or what??

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3rd times a charm or breakout?

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Final leg up - 3rd retest or breakout?

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It could even drop at this sneaky location.

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It's funny how you clearly see the picture after the move is made.
I believe we are in the last wave, Wave 5 of Correction C before the drop.
Below are my targets. Since i'm expecting a strong move, i'm looking for a more likely ending point between 50-68.1% Fibonacci (2nd photo). Let's see where that coincides.

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We want 1 hour candle to close below target 1 and to begin dropping from here.

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We could be pushing these areas if this wave 5 wants to extend.
61.8% for the common wave 2 retracement. If wave 2 ends at 50% it indicates a strong move.
Lets see where these candles close. I will track the shorter time frame and larger.

We still have time for this daily candle to close below either 50 (my preferred option) or 61.8% retracement.

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Possible Drop from here s3.amazonaws.com/tradingview/snapshots/n/nwJ13Y2E.png

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Here:

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MACD cross and divergence aswell

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If wave 5 of the corrective wave C of an ABC decides not to extend then i'm looking at this.

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Might re-test.

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Possible bull trap.

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If the trend really is down then this is a great position.

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Price rejecting off that point and nice MACD set up.

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1 minute MACD starting to set up

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Smaller wave 3 begins it seems,

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Liking it so far

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Price has decided to create a bigger triangle before beginning Wave 1.
Let's see if price breaks below this triangle now?

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I think this is it.

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When price takes it's time like it has and sticks to a range like it has, it could either be consolidating which it can continue to do so for a long time.
Or it's taking it's time to create a pattern. The triangle we had earlier was a smaller form in relation to the time it had to create it. As time progressed it looks like we have a POSSIBILITY of a bigger triangle on our hands, especially since price didn't break above that high. I'm going to wait and play off this. I see a big potential short move so i want to ensure i catch this if it is correct. The risk:reward is too great to miss.

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Number 1 or number 2.

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This one is possible too.Tweaked the triangle.

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Possible Snipe Short Position, lets seee..

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PRice starting to reject from this level.

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Wave 3 on the smaller time frame incoming? https://ttps://www.tradingview.com/x/eLmw6bil/

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Going to sleep guys goodnight!

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Hi guys, okay quick update from what i see.
Price did fall and i thought that this could have been it, however it seems as though the market is taking its time to decide on it's direction.
Hence, a bigger triangle is formed over time.

Here we go, i believe the drop is now.

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Possible Short Set up

hyryda

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hyryda