This is Gold Elliott Wave projection in 60 minutes timeframe.
Gold is running Flat correction (3-3-5) now.
Wave c often equal wave a or 1.618-2.618 wave a.
If abc correction is elongated flat, wave c ~ 3 wave a.
Check out previous analysis
Gold Elliot Wave idea (4h)
Trading Gold with Elliott Waves
This is my idea and plan.
You also need yours and manage risk strictly.
Trafe safe!
Gold is running Flat correction (3-3-5) now.
Wave c often equal wave a or 1.618-2.618 wave a.
If abc correction is elongated flat, wave c ~ 3 wave a.
Check out previous analysis
Gold Elliot Wave idea (4h)
Trading Gold with Elliott Waves
This is my idea and plan.
You also need yours and manage risk strictly.
Trafe safe!
Note
Price could be ressist at 1804-1808Note
Update: New ScenarioNote
Was flat correction done (with wave c same a) ?Note
Update 11/9
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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.
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.