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SteveTan

GOLD on last leg up for expanding flat (a)(b)(c)(Red). 26/Jan/22

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
SteveTan  
FX:XAUUSD   Gold Spot / U.S. Dollar
Supply and Demand Parallel Channel Elliott Wave Gold XAUUSD xyz3dtrading Cycles cycle Contains image
6
3
supplyanddemand parallelchannel elliottwaves gold xauusd xyz3dtrading cycles cycle containsimage
P/S. There is NO Alternative waves counts BUT either 1 and ONLY "Main" wave counts or "Wrong" waves counts.... Gold probably on the last leg up for the wave (c)(Red) Impulsive move since 15 Dec 2021 which is also the last leg of an expanding flat (a)(b)(c)(Red). Assuming the waves/ expanding flat pattern is valid. Price of GOLD "should be" Capped "Below" -- 1876.95 !!!
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