Gold - Weekly
Gold: Expanded flat - Correction in progress
Bottom Line: Gold may remain within its correction up. Gold remains up in wave C of (Y) towards the 2200.00 area.
Gold: Expanded flat - Correction in progress
Bottom Line: Gold may remain within its correction up. Gold remains up in wave C of (Y) towards the 2200.00 area.
Trade active
Gold - DailyBottom Line: Gold may correct lower in a fourth wave.
Gold may fall lower in wave iv (circled) developing as a triple zigzag. There is a chance the low will form soon, but could take several more days. Price would have to rise above 1920.00 to seriously consider the potential of a bottom being in place.
Trade active
Trade active
Trade active
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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.