GOLD: setting up a framework

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Thank you for your support and for sharing your ideas.

Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.

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IMHO the move supported from the 16th of August do not follow Elliot's principles as the 4th floor falls below the top of the 1st. We just had two equal impulses or motive (1 and 3) followed by two corrections (2 and 4). A 5th may occur but is not to be expected unless you see it forming and breakout resistance. Keep investigating for clues.

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I think there are some divergences with DXY but still working on it

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investing.com/news/forex-news/forex--weekly-outlook-november-26--30-1699282

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”…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.”