Gold Spot / U.S. DollarUpdated Gold @ Crucial Level
Downtrend, now the price has broke out of it, potential upward movement/reversal towards 1950 as long as 1890-80 holds. If this level is broken then price will continue lower towards 1860, 1840, 1825.
WAVE: Wave 1: 2071 to 1896
Retraced almost 0.618 not exactly
Wave 2: 1998 to 1825?
WAVE: Wave 1: 2071 to 1896
Retraced almost 0.618 not exactly
Wave 2: 1998 to 1825?
Note
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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.