Elliott wave projection for gold bounceback
This is my hourly projection for spot gold, given that a resumption of the strong 3.5 month uptrend is likely to continue.
Gold has been rising in spite of the US dollar maintaining it's strength.
MACD is making a gradual recovery on the hourly and is positive also on the daily and weekly charts.
Gold has been rising in spite of the US dollar maintaining it's strength.
MACD is making a gradual recovery on the hourly and is positive also on the daily and weekly charts.
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