In this video, I explained my change in the Gold Elliott Wave counts on the cycle level (red font numbering) and how I think the Gold price movement will go down in a double combination (because the previous 2 waves are double combinations).
I also go through how I set the short target using Fibonacci extensions.
I also go through how I set the short target using Fibonacci extensions.
Trade closed manually
Reverting back to long count. As of this update, Gold is at 3318.20.
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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.
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.