GOLD SHORT TO $1,964 (4H UPDATE)
Gold is currently hovering around its ATH. I think we will see price consolidate and fluctuate quite a bit around this zone, in order to trap early sellers. After enough sellers have been trapped, only then will we see price shoot up towards a new ATH of $2,516 - $2,540.
This is the zone I will look to start shorting the market again, as we will have seen a Wave 5 completion according to the Elliott Wave Theory.
This is the zone I will look to start shorting the market again, as we will have seen a Wave 5 completion according to the Elliott Wave Theory.
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