Gold long term view

٢٧ مارس ٢٠١٦

this is a long term view of the Gold.
Now we are in the B wave of a correction.
It seems that for years we won't have huge impulse moves.

٢٨ أبريل ٢٠١٦

ملاحظة

possible triangle as wave 4

١ مايو ٢٠١٦

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this is the triangle i was looking for; look how much complex correction waves can develop:

٢٦ مايو ٢٠١٦

ملاحظة

this labels are just one of the possibilities exist. as you see elliott wave analysis is too complicated when it comes to long term corrections. I'm waiting to see which structure is it going to form.