According to the current data, we expect to see a rebound that could reach up to a price level of 5143.
The descent is still probable until below the trendline indicated in blue
According to the current data, I expect a retest of the trend at 2357
Potential Harmonic Pattern. Target are shown on the chart.
Accorditng to wave analysis there is Potential Target as shown on the chart.
Potential Harmonic Pattern. Targets are shown on the chart.
POTENTIAL HARMONIC PATTERN 5-0 pls note there is an error in the measurment not exceeding 1% for B and C B should be from 1.128 to 1.618 C should be from 1.618 to 2.240
Completed Harmonic Pattern We are expection correction till the target shown on the chart.
Potential Harmonic Pattern, not activated yet. Potential target for long term are shown on the chart.
I expect bounce from the current level to 71,585 . Target ans stop loss are metnioned on the chart.
"If the price breaches the resistance trend on the Relative Strength Index (RSI), then I believe that the probabilities are closer to forming an ABCD Extension pattern, where the correction of point D ends at 200%. Consequently, we are on the verge of achieving a new historical peak for gold, close to $2300."
Potential Harmonic Patterns. targets are shown on the chart.
Potential Harmonic Pattern Cypher which could be devloped to shark. Target are shown on the chart.
Subject to close above 12700, the next target will be as follow: the first target for standard pattern ( BAT) @ 13500 The second target for non standard pattern ( Anti Shark) @ 14400 Good luck for all,
Potential AB=CD Harmonic Pattern, This pattern not activated yet. Once it activated, the target will be confirmed. Target shown on the chart.