Gold - Double Zigzag Pattern
In the 240-minute chart, the first bearish wave (W wave) has finished around $ 1848.20 and the correction is around $ 1965.
We are currently in the Y wave, of which the first wave has completed around $ 1850 and the price is in the corrective movement of this trend.
It is possible that the corrective wave forming in the format of Flat Pattern, as a result of which the C wave can ascend in the form of 5 uptrend waves up to the range of 1904 to 1924 dollars.
We are currently in the Y wave, of which the first wave has completed around $ 1850 and the price is in the corrective movement of this trend.
It is possible that the corrective wave forming in the format of Flat Pattern, as a result of which the C wave can ascend in the form of 5 uptrend waves up to the range of 1904 to 1924 dollars.
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