Gold Spot / U.S. DollarUpdated Gold Important idea 2
Hello traders , although the inflation in USA is still upper than the expectation but there are some signs that shows us that DXY will have some downfall and this is the cause of uptrend for gold I drew here possible way for Gold based on Harmonic Elliot Wave Method... I hope it would be useful for you
Note
Hi with a little distance this analysis is valid too the Harmonic pattern is a Butterfly which I descried in my new analysis in 15 DecemberTrade active
Trade closed: target reached
That was a beautiful price way forecasting !
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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.