Gold Price 2021 Roadmap - EWT
The Gold spot started the bearish Elliott wave on the daily timeframe. Right now, it's making the 5th wave. It has to cross 1824 - 1800 - 1776 to complete the fifth wave. The fifth wave will complete around 1690.
If there will be the upside breakout of wave 4, then it's a failure of the Elliott wave pattern. And the target for the uptrend will be as following 1980 - 2000.
If there will be the upside breakout of wave 4, then it's a failure of the Elliott wave pattern. And the target for the uptrend will be as following 1980 - 2000.
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