Gold update: Extended consolidation in wave 4 - down then up
Gold got stuck in an extended consolidation of wave 4, which shapes double three WXY.
The completion of the last wave Y down is expected at the low of wave W around $1658.
Then the last wave 5 , that was widely expected long ago could kick off finally.
The target area is highlighted with a blue box between 1805 and 1921.
The completion of the last wave Y down is expected at the low of wave W around $1658.
Then the last wave 5 , that was widely expected long ago could kick off finally.
The target area is highlighted with a blue box between 1805 and 1921.
Note
wave 4 looks completed
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.
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.