The Elliott Wave analysis for gold is bullish on the recent move above $1800. This price movement suggests the crash low on August 8 was a 'C' wave. A new wave higher has begun that will most likely terminate above $1920.
So far, gold is building a nice impulsive wave. Prices may scoot straight up to $1920 OR pause first around $1840 before extending its run to above $1920.
Either way, the Aug 8 low is likely to hold and any corrections are planned to be partial retracements.
So far, gold is building a nice impulsive wave. Prices may scoot straight up to $1920 OR pause first around $1840 before extending its run to above $1920.
Either way, the Aug 8 low is likely to hold and any corrections are planned to be partial retracements.
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Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。