IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AS I MENTIONED ON 23/11/2020,WHEN I ISSUED MY VIEW ABOUT GOLD
https://stockcharts-home.blogspot.com/2020/11/gold_23.html
THAT THE PSYCHOLOGICAL SUPPORT AT 1800 WAS VERY IMPORTANT,AND BREAKDOWN IT WOULD HAVE MEANT REACHING TO THE NEXT STRONG DOWNSIDE SUPPORT AT $1765,AND THIS IS WHAT ACTUALLY HAPPENED TO GOLD, ALSO WE INDICATED A CHANGE IN COUNTS,AND ELEVATION TO A HIGHER WAVE DEGREE(FROM MINOR DEGREE TO INTERMEDIATE DEGREE),FINALLY WAVE FOUR MAY HAVE FOUND A SOLID SUPPORT AT $1765,SO WE HAVE BEEN SEEING A BOUNCE IN PRICE ACTION,AND IF MY VIEW IS CORRECT,WE COULD SEE A VERTICAL RISE AND POSITIVE MOMENTUM AS THE THIRD MINUTE WAVE HAS COMMENCED
WHEREAS,CLOSING ABOVE $1875 GAVE US THE FIRST INDICATIONS THAT WE‘RE IN THE EARLY STAGES OF THE THIRD WAVE WHICH COULD HIT $2000 AGAIN, ALSO CLOSES ABOVE KEY LEVEL1899 CONFIRMS WE‘RE LOOKING HIGHER FOR INTERMEDIATE WAVE FIVE
