GOLD Is Breaking Out, New Support $1960

已更新
Gold broke to a new high at the start of February, but then sharply reversed as USD rallied across the board on inflation worries. We seen a sharp sell-off, that now looks like a completed correction to 1800, as turn-up from here is now very aggressive and extended. Looks like a textbook wave three that also took out 1959 level so more gains will be expected after wave 4 pullback. Nice support will then be this previous high, if its going to be retested.
評論
As expected, after a wave 4 correction, which turned out to be a triangle, we can now see gold moving into 5th wave targeting 2030 - 2070 area.
快照
Elliott WaveGoldMetalsXAUUSD

Explore our services
👉wavetraders.com/elliott-wave-plans/

Learn Elliott Waves
👉 wavetraders.com/academy/

Newsletter Sign up
👉 bit.ly/3FVPVzO
更多:

相關出版品

免責聲明