As such Gold has been moving as expected in a 3 legged correction heading down, currently it is in Wave B of the A-B-C correction.
I expect that this market will face resistance around the 1281.70 region and is most likely to give a reversal near that region for the Wave C down.
I will update further as this market progresses.
I expect that this market will face resistance around the 1281.70 region and is most likely to give a reversal near that region for the Wave C down.
I will update further as this market progresses.
Note
Moved exactly as expected.
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Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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.