Gold Futures: Bearish Alternative View | Elliott Wave and Fibs
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
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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.
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.