Hello friends
On the Gold chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of gold. These 5 bullish waves are wave 5 of 3. Now this wave is wave 3 of 3 or C. That is, we are faced with two scenarios, in both scenarios the price should increase.
Anyway, we expect the price to grow to the $2725 range, and the second target is the $2744 range.
Be successful and profitable.
On the Gold chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of gold. These 5 bullish waves are wave 5 of 3. Now this wave is wave 3 of 3 or C. That is, we are faced with two scenarios, in both scenarios the price should increase.
Anyway, we expect the price to grow to the $2725 range, and the second target is the $2744 range.
Be successful and profitable.
Trade closed: target reached
Be successful and profitable.
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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.
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.