Gold: Linear & Log Patterns with Alternates
Gold's linear chart remains unchanged.
Tradingview Chart
Gold Log Chart show very simlar targets:
Tradingview Chart
Bullish Alternates would be an Inverted H&S Pattern to which I give a 20% chance of success.
Another Alternate would be an Ascending Right Triangle:
Hi haejin, one flaw in your TA. The gold chart you are using does not show the 1980s. I made the same mistake until I viewed a 100 year chart. Both silver and gold are in a different count then what tradingview has. If you ask me I would say it's intentional. Try viewing silver in a 100 year log view.
Actionary and reactionary waves occur at all degrees of time at the same time. So, event a longer or shorter band of time would analyze well via EW.