Gold in Elliott wave five and in wave five in the lower Elliott cycle, we have obtained two Fibonacci zones, one from Elliott wave and the other from Elliott's lower cycle. Both overlap. Gold is likely to move downwards. If it happens, we need to identify and predict the type of movement after the movement happent . Don't forget, this is an analysis and there is a possibility of not happent
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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.