More downside on Gold
Gold seems to have more room to cover to the downside. According to my Elliot Wave Analysis, this pair has an extended wave 5 which may form its sub wave 4 this week(short term long). I expect the Pullback to 1803.69 to as act as resistance and further push the price down to complete the wave 5.
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.