AriefMaulana

AriefMaulana

So I've come with another revision of the wave count for Gold (I know, too much revision, but no one's perfect). So the plan for next week are deep sea party. I've a 6H chart that confirm wave 5 has end and it is perfect trend killing with 112 bars in 5 wave sequence (as Bill Williams told), and those trend killers are: -divergence -61.8 expansion -MFI squat...

AriefMaulana Updated 

Gold commencing correction after 5 wave impulse, looking for possible short

AriefMaulana Updated 

Based on my last chart, I'm going to count next wave as impulsive monthly wave 5 Internal count for current wave 3 Monthly outlook

AriefMaulana Updated 

Okay, last night lost somehow knocks me right in the face on what's going on.

AriefMaulana Updated 

divergence in AO with 108-110 bars indicating this impulse wave is near the end.

AriefMaulana Updated 

Checking my last count to avoid same mistake, gold is currently being unstoppable.

AriefMaulana Updated 

Current count corrective wave 4, will look for long position.

AriefMaulana

First wave is about to end, missed my long unfortunately.... but no prob, there's another opportunity

AriefMaulana

Yep, again with wrong count. Going for plan B

AriefMaulana Updated 

Gold are in crossroad between bullish or bearish. I have some views on why this up move is corrective rather than impulsive.First, if it's an impulsive it should break the base channel upward (which differentiates between impulsive and corrective), but it's failing which indicates it isn't an impulsive. Second, the internal structures are not fit to any...

AriefMaulana Updated 

Regardless what I'm saying on the last post, I have an alt view based on my current count.

AriefMaulana

The pattern seems going to complete 5 wave sequence of wave 1, still holding shorts for another down move after wave 2 commencing.

AriefMaulana Updated 

Current count is minor wave 4 of wave 1 major wave C Bearish . Might look for another position after completion of wave 1.

AriefMaulana Updated 

5 wave ending expanding diagonal and throw over. Seems like FX_IDC:XAUUSD is going to reverse?

AriefMaulana

Usually, there's throw over at wave 5 of ending diagonal (ascending, descending, contracting or expanding). Still waiting for reversal after throw over.

AriefMaulana

Seems like ending diagonal are broken, maybe an expanding diagonal before crashing down?

AriefMaulana

Just realizing that I made a mistake, three waves count on each of my post before this. Five waves ending diagonal going up, there's one more way down and one more way up before it's going to crash hard.

AriefMaulana

Gold done with running flat and going to finish this bull move. Current count wave 3 of C upward.