2021-06-30

GOLD

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WE HAVE TWO PROBABILITIES TO INTERPRET THE GOLD‘S MOVE FROM  THE HIGHEST PEAK AT $2075
THE FIRST ONE ASSUMES THAT , THE MINOR FOURTH WAVE IS UNFOLGING INTO TRIPLE ZIGZAG, GOLD IN LAST WAVE OF TRIPPLE ZIGZAG (Z)  AND THE FIRST LEG OF Z WAVE(CIRCLED BLUE) IS COMPLETE OR NEARLY THAT . THEN GOLD WILL BOUNCE BACK TO $1815 OR $1850 THEN ONE MORE PUSH DOWN TO COMPLETE  THE FOURTH CORRECTION THAT IS HOVERING AROUND  $1600  
THE SECOND ONE IS :- THE FOURTH WAVE CORRECTION  IS STILL FORMING  A GRAND TRIANGLE, SO  IN THAT CASE , SIDEWAYS MOVEMENT IS OFTEN  DOMINANT BETWEEN $1675AND $1900
MIND YOU, 1675 IS A KEY LEVEL, IF PRICES BREAKDOWN IT , MOST LIKELY THE FIRST SCENARIO IS THE VALID ONE