IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
I HAVE TWO INTERPRETATIONS FOR GOLD,ONE OF THEM AS SHOWN AS IN GRAPH ONE, PRIMARY B WAVE IN PLACE AS A DOUBLE ZIGZAG, AND CORRECTION TO THE DOWNSIDE IN PLAY AS WAVE C WHICH WILL HAVE FOUND THE LOW AT 800$
SECOND GRAHP REFER TO THAT GOLD HAS COMPLETED 5 WAVES UP AS WAVE 1 OF PRIMARY WAVE 3 , IF SO GOLD SHOULD GO MORE LOWER TO 1430-1375 RANGE AS WAVE2,I DO THINK GOLD FINSHED FIRST LEG OF CORRECTION AT 1454 THEN BOUNCING HIGHER TO 1560, BUT MOST LIKELY THE DOWNTREND IS RESUMED TO CONFIRM THAT GOLD SHOULD BREAK DOWN 1454 LOW
AS A SIDE NOTE:- I STATED EALIER THAT THE US DOLLAR IS DOING MAGANIFICENT WORK ,MY VIEW BASED ON THAT TH US DOLLAR ENDED THE INTERMEDIATE WAVE 2 OF PRIMARY WAVE 5 AND STARTED THE THIRD WAVE , IF MY VIEW IS RIGHT I EXPECT A MASSIVE UPWARD MOMENTUM BID UP PRICES WAY TOO FAR COULD BE UP TO 112
I HAVE TWO INTERPRETATIONS FOR GOLD,ONE OF THEM AS SHOWN AS IN GRAPH ONE, PRIMARY B WAVE IN PLACE AS A DOUBLE ZIGZAG, AND CORRECTION TO THE DOWNSIDE IN PLAY AS WAVE C WHICH WILL HAVE FOUND THE LOW AT 800$
SECOND GRAHP REFER TO THAT GOLD HAS COMPLETED 5 WAVES UP AS WAVE 1 OF PRIMARY WAVE 3 , IF SO GOLD SHOULD GO MORE LOWER TO 1430-1375 RANGE AS WAVE2,I DO THINK GOLD FINSHED FIRST LEG OF CORRECTION AT 1454 THEN BOUNCING HIGHER TO 1560, BUT MOST LIKELY THE DOWNTREND IS RESUMED TO CONFIRM THAT GOLD SHOULD BREAK DOWN 1454 LOW
AS A SIDE NOTE:- I STATED EALIER THAT THE US DOLLAR IS DOING MAGANIFICENT WORK ,MY VIEW BASED ON THAT TH US DOLLAR ENDED THE INTERMEDIATE WAVE 2 OF PRIMARY WAVE 5 AND STARTED THE THIRD WAVE , IF MY VIEW IS RIGHT I EXPECT A MASSIVE UPWARD MOMENTUM BID UP PRICES WAY TOO FAR COULD BE UP TO 112