โโ Mine scenario
๐1M
XAUUSD
Until recently, the main scenario was the count presented below on a dark background, but after weighing all the pros and cons, I chose the already formed triangle ((B)) of I. And in general, both counts suggest an ending diagonal of a degree lower, followed by a pullback, based on the depth of which we will build further plans.
๐1D
XAUUSD
I expect the growth of the third wave within the diagonal ((C)) of I.
โโ Alternative scenario
๐1M
XAUUSD
As an alternative scenario, I propose to consider the probability of the formation of a wave ((B)) of I in the form of a triangle with a wider boundary.
๐1D
XAUUSD
On the daily timeframe, the current count is identical to the main count and assumes a resumption of growth in the near future, except that the goals are slightly more modest.
"Gold is the time-honored store of value, and although the price of gold may flatten for a long period, it is always good insurance to own some until the worldโs monetary system is intelligently restructured, a development that seems inevitable, whether it happens by design or through natural economic forces. That paper is no substitute for gold as a store of value is probably another of natureโs laws".
EWP2005
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
๐1M
XAUUSD
Until recently, the main scenario was the count presented below on a dark background, but after weighing all the pros and cons, I chose the already formed triangle ((B)) of I. And in general, both counts suggest an ending diagonal of a degree lower, followed by a pullback, based on the depth of which we will build further plans.
๐1D
XAUUSD
I expect the growth of the third wave within the diagonal ((C)) of I.
โโ Alternative scenario
๐1M
XAUUSD
As an alternative scenario, I propose to consider the probability of the formation of a wave ((B)) of I in the form of a triangle with a wider boundary.
๐1D
XAUUSD
On the daily timeframe, the current count is identical to the main count and assumes a resumption of growth in the near future, except that the goals are slightly more modest.
"Gold is the time-honored store of value, and although the price of gold may flatten for a long period, it is always good insurance to own some until the worldโs monetary system is intelligently restructured, a development that seems inevitable, whether it happens by design or through natural economic forces. That paper is no substitute for gold as a store of value is probably another of natureโs laws".
EWP2005
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
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