Gold continued to work its way up the chart and finally managed to surpass last Friday's highs in the course of yesterday's trading session. The precious metal thus made good progress in line with our primary expectation. We consider it only 35% likely that the turquoise wave alt.B has already been completed and that gold is about to sell off directly below the support at $1935.
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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.