Gold analysis using elliott
as elliott wave analysis we ended the bullish wave 3 and now we are in a corrective move which is the wave 4
wave 4 is the retracement of wave 2 and wave 3 at 0.236 but however it can retrace at 0.382 or 0.5 fibonacci.
wave 5 will be the extension of wave 1 and wave 4.
wave 4 is the retracement of wave 2 and wave 3 at 0.236 but however it can retrace at 0.382 or 0.5 fibonacci.
wave 5 will be the extension of wave 1 and wave 4.
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