Just like Super Mario, Gold is running and jumping to complete different tasks by hitting certain targets. It has already finished wave c in orange and wave (ii) in blue by knocking the mark at $1967 and has also completed wave i in orange afterwards. Now, it should check off wave ii in orange in the upper orange zone between $1927 and $1958 to continue the greater downwards movement into the lower orange zone between $1809 and $1796. Still, there is a 38% chance that Gold could decide to collect an extra special power-up in the blue zone between $1987 and $2058 before heading further down.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.