The GREAT EWAP No. 2_June 26, 2020_Prediction for Gold Future August 2020_Zerodha Trading View Chart_by FIMBEWA from www.thegreat.co.in

The GREAT EWAP No. 2_Prediction on June 27, 2020_Gold Future August 2020_Zerodha Trading View Chart.

June 5, 2020

Hello and Welcome Visitors,

Good Morning.

Recap of EWA No. of May 19, 2020.

My first prediction was not 100% successful and achieved partial target till up to 45, 521 on June 5, 2020, 2 as against the expected target of 44740 and the predicted Minor C Wave of Irregular Flat Wave of Intermediate Wave 2 under EWA No. 1, dated May 19, 2020, ended on June 5, 2020, at 45421.

Thus, the end of Correction ABC Minor Wave of Intermediate Wave 2 in Expanded Flat completed correction to Minor Wave 1 to 5 of Intermediate Wave 1.

You can see EWA No. 1 Prediction at –

EWA No. 1_Prediction May 19, 2020_C Wave for MCX Gold Future June 2020

https://thegreat.co.in/ewa-no-1_prediction-of-c-wave-for-mcx-gold-future-june-2020/.

And here is the actual result at-

The GREAT EWA No. 1 Prediction for Gold Future June Contract 2020.

You can visit the weblink at https://www.tradingview.com/x/iJMMphgl.

(Chart Courtesy- The chart is published from Zerodha with permission.)

The takeaway is that the Great EWA No. 1 prediction was not 100% successful but achieved 90% of the expected target. No one is 100% correct.

The GREAT Elliott Wave Analysis Prediction No. 2 dated June 27, 2020.

The prediction is published on June 27, 2020, at (approximately) 02.38.

As per the Great EWA No. 2 prediction, the MCX Gold Future Contract has completed its ABC Minor correction on June 5, 2020, which constitutes the completion to Intermediate Wave 1 and forms Intermediate Wave 2 Waves ABC.

At present, the Gold Future August contract in running into a Minute Wave iii of Minor 1 of Intermediate Wave 3 and projection is the first target at 48845 if Minute Wave 3 is not extended. The Minute Wave iv is into a formation which may be a correction in the form of Flat as per the Principle of Alteration.

Chart of The GREAT Elliott Wave Analysis No. 2 prediction.

The Great Prediction for Gold Future August 2020 Contract.
Intermediate Wave 3 into the process. of formation.

You can visit the weblink at https://www.tradingview.com/x/3bqcDrLX

(Chart Courtesy- The chart is published from Zerodha with permission.)

You may get such a beautiful chart from https://zerodha.com/open-account?c=RV4791.

The GREAT EWA welcomes comments and suggestions. After all, the future is a game of probability and not a certainty.

Disclaimer

I am not a SEBI registered investment advisor and Research Analyst. The GREAT EWA is a purely personal view based upon the principle of Elliott Wave.

The Elliott Wave Analysis No. 2 is for educational purpose. Consult your investment advisor or become the GREAT on your own by joining the https://thegreat.co.in/forecasting-courses/

If you want The GREAT EWAP to your script, I have customized EWA for your script, you may contact at https://thegreat.co.in/contact/.

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