Gold/XAUUSD Elliott Wave Count
With news creating a strong Motive to the upside this morning, I had to re-think my count. This was not the kind of market movement I was expecting. I am in the business of making money, not in the business of being "right". Too much pride is a 0-sum game.
The overall diagonal that began in November '22 is still accurate. However, the Diagonal has not concluded, as mentioned in previous post.
Price is still forming the retracing wave 4 of the overall diagonal.
The overall diagonal that began in November '22 is still accurate. However, the Diagonal has not concluded, as mentioned in previous post.
Price is still forming the retracing wave 4 of the overall diagonal.
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.