Gold Spot / U.S. Dollar
Short
Updated

Gold Midterm Correction

97
Gold has made its 8-year highs. With that being said, there's a possibility that it might have to revisit 1700 to accumulate more momentum
and be able to break 1920 all time highs. A elliot wave correction is a good illustration for this prediction.
Sell at 1780; Stop at 1795; Take profit at 1700. LET'S GET IT!
Trade active
Short position opened at 1780

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.