Dear, you are right. From fibonachi levels viewpoint the wave could extended to 2.618 or even lower but waht I mentiond is about the whole uptrend cycle not the last leg. I think you considered a double combination pattern which is in wave #c, which ...

Gold

Dear Fontu, I hope you are doing well. Thanks for your analysis. I am agree with you about the levels especially 1834 and 1901. For me 1834 is the last support to considered Gold as bulish to 1990-2000 levels in longterm view especially in the ...

Gold

Dear Parveen, Hi and I hope you are doing well. Baed on my neowave analysis 1857 will be the bottom for the coming month or two month ahead. Target will be around 1995-2000 in two months. Here are prediction 8 days ago and now and what happend. Any ...

Gold

Hi, in which time frame? would you please share your chart? Which method you employ for detecting the mentioned levels? Thanks.

Gold

Here we are!

Gold

My long term view based on NEO wave analysis. I will be long, when last leg of diametric correction is finished.

Gold

Dear, my understanding of your first chart in monthly time frame is price will go to 1870 and then 1986 and after that collapse to near 1750 and you considered price above 1986 as trap, but in your second chart you considered some up leg to 2020 and ...

Gold

Based on my analysis, the price will go up to 1980 level, but not from here. there are some untested levels (1914-1908) and also lots of liquidity should be grabbed by the market maker before any upside jump. the whole pattern from 1890 to here ...

Gold

Dear, my NEO wave analysis is close to your opinion, but I think the corrective diametric has one more downward leg (g) to be complete which could be finished today and could reach at least 1914 to utmost 1908 level . I am waiting long in three part ...

Gold

SO far so good according to the plan. but the question is if 1915 was the bottom? I don't think so. Going Up to 1985 required more liquidity grab from bottom. Also Diametric wave # 4 has not completed yet and has two legs to finish.

Gold

Hi. based on my NEO wave technical analysis price is in wave #4 (diametric pattern) of an impulse terminal of higher degree. wave #1 completed in 1922. wave #3 has completed in 1946. So from zone of 1920-1916 wave #4 (penetration wave #4 to wave #1 ...

Gold

If so, considering news spike, it could grab liquidity between 35 to 40. So its possible ADP NFP data in 1.40 hour ahead may be good unlike yesterday JOLTS. But beware there is an untested zone in 4H tf between 1938-1945 also.

Gold

liquidity grab from above means upward to 1937-1940 or 1942 zone and after that downward to 1922 before another leg up to 1945?

Gold

Dear fonto, first of all thanks for sharing your trading idea. My understanding of your recent analysis : whole pattern you considered is much like a terminal impulse (because wave #4 and wave #1 have overlap), so price is in wave #4 which is not ...

Gold

Senario #2 : GOLD Down

Gold

What you mentioned about prices and inflation in this beautiful text, I agree. But announcement of HIGHER rate in September, or even no rate cut until end of the year, will temporarily reduce the price of gold. As a trader, I have no idea about the ...

Gold

Possible rate hike and GOLD up?! They do not mention directly and always speak vaguely, but what they have emphasized recently is keeping the interest rate until the end of 2023 and the possibility of rate cut in 2024.

Gold

you mean wave #5 in not finished yet so it could fall from higher? its seems 1912 is respected. On my chart there is an untested level 1900-1902 for long and also 1928-1932 for short positions. which one comes first?

Gold

Dear, wave #1 its probably has started from 1888 (after pullback to descending trend line) so, wave #3 is finished with PMI news. current its seems in wave #4 and may be after 1914 wave #5 will start. After all this 12345 impulse pattern will be ...

Gold

Dear, 1903 level is approximately 61.8 % fibo level of 1888 to 2022.5 and far from current price and may not reach today. based on chart, 1914 level is first untested level.

Gold