hello
The analysis of the XAUUSD symbol is in the long-term time frame and the analysis is based on Elliott waves.
Currently, in the medium term, gold is in a correction wave as the 4th wave, and every low is a long-term buyer of gold.
Two important support ranges are 2558 and 2415 dollars.
The long-term targets are 3000 and 3300 dollars.
This wave 4 correction will take two to five months.
We buy each bottom stepwise and according to the volume.
Elliott WaveWave Analysis

Also on:

Disclaimer