Gold ( Complete Neowave Update)Degree full forms-
L1 stand for Long term wave 1 and so on
L1 stand for Medium term wave 1 and so on
s1 stand for short term wave 1 and so on
Hello Everone,
Welcome to Trading Idea, today we are going to talk about gold in details and with this you will also learn how to trade neowave.
First this as you seen the above one is the medium term forecast or you can see them as map. This should be your trading idea for the next week or 2.
Why should we follow this, because long term forecast is suggesting this. As you can see gold price is still showing some space for correction. See Below
Long Term Forecast-
Apart from this you must be wondering is the below down cycle of S3 is started. so the answer is no. See below short term chart which is suggesting that cycles is still up with the key level of 2009.5
Short Term Forecast-
Also see the intraday cycles of gold-
Note- Explaining video will be updated in an hour.
I hope you are enjoying my forecast, if you love content kindly like and share it and also keep following us for more neowave trading ideas.
Thank you
