Initiate: BUY
Gold has completed Cycle Wave 1 and Cycle Wave 2.
Cycle Wave 3 is now beginning (Based on GLD Chart)...
Cycle Waves:
Cycle Retrace: 50%
Days: 1583
Draw-down: 46.47%
Daily Chart: Primary Wave Forming
Sub-Waves:
Extension Trigger:
Targets:
Near-Term: 6 days
Near-Term: $117-$120
Near-Term Extension: $120-$124
Primary Wave estimated to last between 364 and 448 days based on Fib time
Will update.
-AB
Nota
Target Hit.Nota
Looks like it wants to move higher...Nota
Just changed Wave count characters for easier viewing...Nota
$119 is a key level to break...Nota
After $119, then $124 level will trigger a higher degree extending wave....Nota
If $124 breaks then it would trigger an extending 3rd Wave...Nota
Key Level = $119.55If the key level is broke it will trigger an extending 5th Wave...
Nota
GLD price-action looks good.Nota
5th Wave Extension has been triggered.Nota
We are in Primary Wave 5...Primary Wave 5 is extending...
Nota
GOLD is set for a MAJOR BREAKOUT!Nota
Near-Term Target = $130.00Nota
I do not see any major pullback until we approach $140-$150 Levels.Nota
Gold heading straight to $130!Nota
GLD still on track for $130...Stay the course...
Nota
Redo Analysis...Added Trend Lines
Added Sine Wave
Added Wave Counts
Added SPX
Added Spirals
Nota
GOLD GOLD GOLD!Nota
Analysis Target Hit. Will update with new idea shortly.
Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.