GOLD : Bear market rally is over [Elliot Wave Analysis]
Corrective move upwards on XAUUSD with triangle thrust target and .618 pullback met.
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*posts bearish idea about gold**gets lectured about "economics" and "fundamentals"*
These kinds of comments make me feel way more confident on short this asset.
You guys have no idea what you are talking about, just trying to convince others in a vogue attempt to convince yourself.
I have been tracking and updating this and silver since January 2019. Post your narratives elsewhere, please and thank you.
twitter.com/AcelCrypto/status/1097962039199309824?s=20
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Here is your precious silver also.twitter.com/AcelCrypto/status/1090609320750997505?s=20
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Recent price action on gold is corrective, which means it can see some temporary upside before at least another leg down. הערה
Extension in the 5th, empty space below.You guys in the comments need some help with fUnDamEntAlS?
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Clean 5-wave recovery on gold, so short term bias switches to bullish after a 3-wave PB. This is a key area for the bearish argument.הערה
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For the record, the alternate view has the triangle completed lower and it sees one last push.הערה
Alt count posted above is in play. Macro bearish bias remains -the high is just not in yet.הערה
High should be in now - with confirmation of Nov low break.Target adjusted to ~940s , in line with the first gold support from the original idea.
כתב ויתור
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