Gold Spot / U.S. Dollar
Short

GOLD 4h

303
According to Elliot's wave counting conditions, we are probably currently waiting for the formation of wave 4 out of 5 out of 3 out of 5. The correction of this wave can continue until the range of 2660-2610 and after that the price will rise to create a new ceiling.

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.