GOLD , DAILY RANGE , GOLD AFTER STABILIZED AT $1046, PRICES RAPIDLY HAVE STRONG SNAPBACK TO $1375. AFTER THAT GOLD MOVES SIDEWAY FOR SO LONG. MY ESTIMATION ACCORDING TO PRIMAY COUNT THAT, GOLD FORMS A CONTRACTING TRIANGLE, I DO THINK WAVE (D) GONNA HIT $1175 FOR MANY REASONS SUCH , WE HAVE A HARMONIC PATTERN "CRAB BUY PATTERN" THE COMPLETION POINT AT $1175, THEN , CORRECTION OF WAVE (D) IS ZIGZAG PATTERN LABLED A-B-C, WAVE C=1.62×A SET AT $1175, AND THE 0.786 RETRACEMENT OF WAVE (C) AT THE SAME LEVEL, SO $1175 SEEMS TO BE VERY STRONG SUPPORT TO PUSH GOLD ONE MORE MOVE UP BEFORE PRICES FALL AGAIN TO MAKE A NEW BOTTOM
2ND CHART: ALTERNTE COUNT THAT, GOLD COMPLETE WAVE (A) OF ZIGZAG AT $1375 , THEN FORMS A CONTRACATING TRIANGLE AS WAVE (B) THEN SURGES UP TO HIT ROUGHLY $1500,AFTER THAT PRICES GO IN DOWNWARD MOVE TO MAKE A NEW BOTTOM AS WAVE (C)
IN MY OPINION, IM LEANING THAT THE PRIMARY SCENARIO IS MOST LIKLEY, BECAUSE, WAVE (C) USUALLY SUBDIVIDES INTO A ZIGZAG COMBINATION THAT IS LONGER LASTING AND CONTAINS DEEPER PERCENTAGE RETRACEMENTS THAN EACH OF THE OTHER SUBWAVES
U CAN SEE THIS GUIDELINE IN THE FIRST CHART
