Gold had a nice rebounding wave B in last couple of days which we traded (see chart below). Then it got a sharp decline last Friday.
From elliott wave anslysis the wave C down is ongoing now. It might bring gold to around 1280 which is the bottom of a large rising channel and PRZ of a Gartley pattern.
Good luck for everyone!
From elliott wave anslysis the wave C down is ongoing now. It might bring gold to around 1280 which is the bottom of a large rising channel and PRZ of a Gartley pattern.
Good luck for everyone!
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Related publications
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.