Short

Gold Futures: Bearish Alternative View | Elliott Wave and Fibs

By ImpulsiveWaveTrading

Updated

If Gold fails to hold the 1720 support (see chart above), and makes its way of dropping below the 1680 mark then the odds of the alternative bearish view will increase dramatically. We are prepared to shift bias once this view is confirmed.

Note

For full analysis, primary bias and other comments, review this blog post:
impulsivewavetrading.com/post/sp-500-index-gold-elliott-wave-and-fibonacci-analysis

ImpulsiveWaveTrading

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