Gold - bearish
I have 2 longer term counts for gold, one suggesting that the current corrections is a wave 4 and we can expect an upward wave 5 once this correction is over. The other count is much more bearish and suggests that we have just begun the C wave of a flat correction that began all the way back in 2011. However, whichever way I look at it, I see some downside for Gold going forward....
Note
Unless....is this another possibility?
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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.