gold futures may test $1700
On going triple zigzag correction in Gold futures unfolds its third leg of down
minimum requirement of wave 'z' is 62% of (w+y) which comes @ 1700.
Weekly Price action support is not seen at 1770 which is 38.2% of (w+y)
logic; money is tight ,interest is high, Gold will not find any new buyers at this level as all the metal stocks are gliding to earth
minimum requirement of wave 'z' is 62% of (w+y) which comes @ 1700.
Weekly Price action support is not seen at 1770 which is 38.2% of (w+y)
logic; money is tight ,interest is high, Gold will not find any new buyers at this level as all the metal stocks are gliding to earth
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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.