Gold Spot / U.S. Dollar
Long
Updated

GOLD Elliott Wave

270
Gold has been rising from the hectic fall so looks like we forming 5 waves higher,so since price currently forming the 4th wave i will anticipate buying the rise of this pair, stop lose placed below the high of wave 1 and my targets at the 1.764 fib extension
Trade closed: target reached

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.