Gold Spot / U.S. DollarUpdated An unique Elliott wave forecast for Gold 60 minutes timeframe
Just simple flat correction was done with wave c same length as wave a.
Next week, if price break below 1782 level, Gold could make a Zig Zag correction in higher degree.
There're some key level below like: 1773, 1759,...
We need to wait for confirmation from price action.
And then i'll update this Gold Elliott wave forecast.
See previous post here:
First 5 waves in this chart:
Attention!!
This is my idea and projection using Elliott waves.
I often trade with price action confirmation
You need your plan and manage your risk strictly.
Trafe safe!
Follow to update and discuss more below !
Next week, if price break below 1782 level, Gold could make a Zig Zag correction in higher degree.
There're some key level below like: 1773, 1759,...
We need to wait for confirmation from price action.
And then i'll update this Gold Elliott wave forecast.
See previous post here:
First 5 waves in this chart:
Attention!!
This is my idea and projection using Elliott waves.
I often trade with price action confirmation
You need your plan and manage your risk strictly.
Trafe safe!
Follow to update and discuss more below !
Note
Alternative ScenarioIf flat correction continue, price could re-test above key level
Note
Update xyz correction instead abc
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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.