Elliott Wave Analysis

Elliottwave Analysis Forecast

Commodities

Elliott Wave Analysis & Forecast, GOLD – XAUUSD, M1, 20190425

May 25, 20191

Elliott Wave Analysis & Forecast, GOLD – XAUUSD, M1, 20190425

In my opinion, correction resumed after green wave B ended at 1346 on 18th February 2019.  Since we saw all time high peak at 1920 in 2011,  correction is forming in ABC pattern. Green wave in the form of A ended at 1046 in 2015 then green wave B started and ended at 1346. Now final wave gren c is continue to develop and ideal target for this wave will be  near 955-960 area even lower. 
muhiuddin
Related tags :

Related Articles

CommoditiesGold
January 15, 20210

Elliott Wave Analysis & Forecast, GOLD – XAUUSD, M1, 20210115

Refer to my previous analysis of 25th May, 2019 where we assumed that correction in green wave 4 has completed its second wave b but it was not the case after reviewing and recount waves, it has o
Read More
CommoditiesSugar
February 26, 20210

Elliott Wave Analysis & Forecast, US Sugar Future – SB, M1, 20210226

SUGAR # 11 is building last wave red 5 of leading triangle to complete its structure. Its just a start of red wave 5 from 9.05 (low April, 2020) then prices are going higher and its a matter of ti
Read More
Commodities
January 24, 20190

Elliott Wave Analysis & Forecast, WTI Crude Oil – OILUSD, H4, 20190124

  Elliott Wave Analysis & Forecast, WTI Crude Oil - OILUSD, H4, 20190124 As show on chart, In my point of view Blue wave A of Green Wave B is finished @ 54.48 and now price is correcting toward 49
Read More

Comments (1)

  1. January 15, 2021 at 10:13 am

    […] to my previous analysis of 25th May, 2019 where we assumed that correction in green wave 4 has completed its second wave b but it was not the […]

    Reply

Comment here