- Gold led the markets with correction to the downside starting on May 20
- The move was very strong and is a beginning of an impulse wave.
- Gold corrected for 3 waves and I think is ready to resume move down
- Wave 3 is usually the longest and the steepest. In this case it might be not because Wave 1 Was long and steep.
- The move was very strong and is a beginning of an impulse wave.
- Gold corrected for 3 waves and I think is ready to resume move down
- Wave 3 is usually the longest and the steepest. In this case it might be not because Wave 1 Was long and steep.
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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.