Gold is accurately following the path shown in my earlier post.
Wave D respects the triangle rules, staying below the top of wave B.
Wave E appears nearly complete, even piercing the A–C support line.
This is acceptable as long as wave E stays above the wave C low at $3,251.
Keep a close eye on this invalidation point.
The target range remains unchanged: $3,900–$4,300.
Wave D respects the triangle rules, staying below the top of wave B.
Wave E appears nearly complete, even piercing the A–C support line.
This is acceptable as long as wave E stays above the wave C low at $3,251.
Keep a close eye on this invalidation point.
The target range remains unchanged: $3,900–$4,300.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.