Expect gold to snap back to 3431 and likely much higher in the next day or two. Any recent gold downdraft was quick, prices shooting back up to the highs. Long term trends are too powerful. While Gold could drop down to the 3100 range completing an A-B-C for Wave 4, I think we are already in wave 5. A quick move to 4,000 would stun many but for those who see much much higher prices, 4,000 just might be a level to start getting people's attention.
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.
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.