#GoldUpdate
Following yesterday's FOMC news, we witnessed a remarkable surge in gold, signaling a potential ongoing upward trajectory. The specific timeline for this rise remains uncertain.
Our analysis involves a simultaneous examination of gold on the chart. According to our assessment, gold has exhibited an impulse and could sustain its ascent through the (1.2.3.4.5) waves.
We've identified what appears to be a bullish flag at the conclusion of wave 3. However, exercise caution in your trades, as gold may surge further before undergoing a correction in the form of (ABC) or possibly correcting at this juncture.
Feel free to trade with us and access our concurrent analysis in our VIP group, offered at no cost.
Following yesterday's FOMC news, we witnessed a remarkable surge in gold, signaling a potential ongoing upward trajectory. The specific timeline for this rise remains uncertain.
Our analysis involves a simultaneous examination of gold on the chart. According to our assessment, gold has exhibited an impulse and could sustain its ascent through the (1.2.3.4.5) waves.
We've identified what appears to be a bullish flag at the conclusion of wave 3. However, exercise caution in your trades, as gold may surge further before undergoing a correction in the form of (ABC) or possibly correcting at this juncture.
Feel free to trade with us and access our concurrent analysis in our VIP group, offered at no cost.
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