xauusd elliot wave
After a 5-wave upward trend, gold has reached its 61.8 correction zone with a three-wave corrective movement. We can expect growth from this area up to the previous ceiling and the new ceiling at $2500.
Falling below the floor of $2350 will violate this scenario
After a 5-wave upward trend, gold has reached its 61.8 correction zone with a three-wave corrective movement. We can expect growth from this area up to the previous ceiling and the new ceiling at $2500.
Falling below the floor of $2350 will violate this scenario
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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.