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Gold path in 1-2 month ahead

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi guys

Based on Elliot waves, we expect 1 more increasing leg as a c of B until 2000 level and then price will be decreased as a C wave until 1950 levels.

Based on astrological data, we expect to an increasing until 10-11th August and then decrease the price, that it will be c of B wave.

We will glad to read your Ideas in comments box.

Take more profit with us.
Comment:
Based on Elliot waves, we expect 1 more increasing leg as c of B until 2000 level and then price will be decreased as C wave until 1850 levels. (1850 instead of 1950 in past text).
Trade active:
We are waiting for important today news. Core CPI is the most important news of the week. If it comes 0.2% gold increase to 1940 in its first move and depends in another data it will increase or decrease. If CORE CPI gives below the 0.2%, gold enter c of B and will go up until 1990-2000.
If it top of 2.5% our analysis will be wrong and we should wait for price 1880 and 1850 to buy yellow metal.
So beginner and scalpers must risk free their positions now at 1922 and professional traders and trend traders must set SL 1900-1904 and wait for news.

Be remember astrological data and time data are telling us, we are arriving to end of the time increasing so if we see the sharp increasing, most probably we will expect to degreasing from tomorrow or next week.

we are waiting for your comments. Take more profit wit us Guys.
Trade closed: target reached

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