Here's what i see, for potential "Buy-In" areas, as i am charting gold futures, w/interest for a Friend in the Market, Desiring "LONG" on Gold. Here's what i see... First, it would behoove us to complete a reliable External Retracement from the Wave-A "Low", to the Wave-B "High", -Which is a Great Relationship, for an EOW, End of Wave-C, "Area". Wave-C USUALLY, travels a __ 1.272 or __1.618 of Wave's A-B.
Next, we have the Wave-3's Larger "Fib" - Retracement area, left of the 50% tile area. (Wave-3's normally retrace between 20-50%, usually a 23.6, 38.2, 50 or at most 61.8%). We Have ALREADY met the Min Retracement Level Area's of a Wave-C, Now we are down to the Elliot Wave-Finishing Out on Wave-C's Numbering. *Again, Ideally we would like a Wave-5 of Wave-c of Wave-C to complete out. Thanks,
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