🚨Analyzing Gold-USD Chart🚨
🗣️In the realm of contracting triangles, a noteworthy observation emerges: A waves within these triangles exhibit heightened volatility but are comparatively brief. A new rule is considered, suggesting that when wave-a is part of reverse alternation within a contracting triangle, its duration might surpass that of wave-b.
👉Neowave Theory Projection for Gold's Time Relationship
Last week's analysis, utilizing Neowave theory, projected that wave e is poised to conclude between the first and second vertical green lines. This projection implies a potential significant downturn for Gold to validate the scenario. However, a crucial condition is outlined—Gold must peak below this year's high for this outlook to remain valid.
👉Caution: All-Time High Impact
It's imperative to highlight that any movement above the all-time high could trigger substantial changes in the overall outlook and structural analysis. Vigilance is advised as the chart evolves, considering the potential implications of such a shift.
