XAUUSD FIBONACCI AND ELLIOT WAVE PROGRESSION ANALYSIS
XAUUSD has been on the rise for the last few weeks, and although it made a sharp drop sometime last week, it has risen again and has crossed a key level at 1760...it is currently at another minor zone at 1770...If price breaks above this level and closes above then we can expect a move to around 1900... Following Elliot wave and Fibonacci key level analysis, in alignment with market structure, we are in a bullish market for gold and if the current economic crisis and Corona version two fears persist, we could see gold making even higher highs in the near future...
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