An Elliott wave Primary degree peak could be made within the next few trading days.
Momentum evidence supports this theory.
Daily RSI and MACD both have significant bearish divergences.
If a Primary degree peak is made, Gold could enter a mult-month decline.
Momentum evidence supports this theory.
Daily RSI and MACD both have significant bearish divergences.
If a Primary degree peak is made, Gold could enter a mult-month decline.
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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.