There we go, I was wrong with the 123%,127% for the final high of the gold, it only played in this zone.
Gold went to actually reach the 161,8% objective for the C of the B.
Within the C, we can tell an ABC pattern, where the C almost reached the 161% too.
The RSI in now overvalued.
Let's see how far XAUUSD will drop
Gold went to actually reach the 161,8% objective for the C of the B.
Within the C, we can tell an ABC pattern, where the C almost reached the 161% too.
The RSI in now overvalued.
Let's see how far XAUUSD will drop
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Related publications
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.