The idea probably against the sentiment. There are so many alternatives in Elliot wave analysis. I pick this one for time perspective. Two target 1735 and 1771 very much excited.
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Few of my friends were asking me to share bearish idea over time. The challenge was gold price does not want to reach 1735 as B wave or 2nd wave correction. Here is the idea of bearish count. This is ending with 1650
Nice chart mate, I also expect a final touch to 1696 and then a quite fast bullish move for tg 1771. Then it would aim for 1644 and 1550 imho. What do you think about the next move after 1771?
SAMMIETRADING
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@CagatayCetin, I will stand on 1771 but there can be a cheat break up to 1790-1808
TRADER727
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@Kisauni, 1814 me think
VRShaiju
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@CagatayCetin, Let's see how this develop this.
mkandy
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"don't expect a $10-$20 range in here" still valid bro?
VRShaiju
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@mkandy, If it's a bull we get some sharp move up. The pattern says so. If we struggle to up then we end around 1737
mkandy
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@VRShaiju, If we struggle to move up from here...reversal right?