Extra (Ad-Hoc)

GOLD – Third wave to move on – September 1st, 2021

The fourth wave correction is likely over, so the fifth wave of wave (C) might be underway. In this case, the market should continue unfolding wave ((iii)) of 5. Therefore, the market is going to break 1917.49 in the coming days.

EURJPY – Fifth wave is underway – August 26th, 2021

There’s a downward double zigzag, which is supposed to be the fourth wave of wave 1. Previously, we had a massive advance in wave ((iii)). In this case, the market should begin unfolding wave ((v)) of 1 in the coming days. Alternatively, wave ((iv)) might continue, which will lead to a few weeks of consolidation before wave ((v)) begins. The main critical level is 127.05.

GOLD – Fourth wave is over – August 25th, 2021

The fourth wave correction is likely over, probably in the form of a double zigzag. If correct, the fifth wave of wave (C) is underway. In this case, the market should continue moving up in the direction of wave 3 in the coming days.

GBPJPY – Bulls to break the last high – July 28th, 2021

The channel’s lower side has acted as support, so the fourth wave of wave ((iii)) might have been in place. If correct, the current advance is the first wave of wave (v). In this case, after a short break, the price should continue rising towards the high of wave (iii).

Bitcoin – Upward correction to continue – July 26th, 2021

There’s a five-wave decline, which is supposed to be wave ((a)) of a fourth-wave correction. In this case, the current advance is likely wave (a) of ((b)). If so, the market should finish an upward impulse for wave (a) in the next couple of days. A wave (b) correction should begin a little later on.

GOLD – Triangle about to end – July 26th, 2021

It seems like wave 4 is taking the form of a triangle, which hasn’t been finished yet. Previously, there was a massive extension in wave 3. In this case, we’re likely going a few more days of consolidation before wave 5 begins.

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