Gold FuturesLong
Gold scenario (end of year 2021)
Case 1.
Short-term Long to 1850 zone invalid if drop below last low 1771 zone.
Case 2.
Complex correction. now form a-b-c-d-e at leg E. it form a-b-c if break green Trendline to confirm finish (iv)
Case 3.
correction a-b-c-d-e (orange line)
Descending (Top declining, bottom flat)
Gold should drop to 1680 zone (E)
Follow the market with many plans.
Only market know, we can't but we ride with them.
Short-term Long to 1850 zone invalid if drop below last low 1771 zone.
Case 2.
Complex correction. now form a-b-c-d-e at leg E. it form a-b-c if break green Trendline to confirm finish (iv)
Case 3.
correction a-b-c-d-e (orange line)
Descending (Top declining, bottom flat)
Gold should drop to 1680 zone (E)
Follow the market with many plans.
Only market know, we can't but we ride with them.
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