According to the Elliot waves, gold can be in wave 3, only if it can maintain the range of 2888 and 2900, the trend is still upward, and it can move towards $2950 and $3000 and complete Elliot wave 3. If Anas Gold cannot recover the channel of 2900, there is a possibility of completing wave 3 and it can fall towards 2800 and complete correction wave 4. Therefore, in the coming week, the range of 2888 and 2900 is important.
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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.