New All Time High for Gold?
Not so fast! Yes this has been a very nice recovery for Gold! But according to current Elliott Wave count price action is corrective but as seen from chart I see more upside for Gold. The two green eyes are areas I like for bullish reversal with Red eye bearish supply zone. Other noteworthy ideas is the 1-2 1-2 count which could take Gold to a new ATH, and of course there's always a bear count. But this is my main Idea for Gold lets see what happens! Please remember this is NOT FINANICAL ADVICE AND PLEASE DO YOUR OWN RESEARCH BEFORE MAKING INVESTMENT DECISIONS.
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.