WaveTalks

Comex Gold - Are we Ready for Boom (Triangular Pattern)

WaveTalks Updated   
COMEX:GC1!   Gold Futures
Educational Video : Triangle Pattern Unfolding Realtime

Triangle is an Elliott wave pattern seen during sideways market consolidations, it is composed of 5 corrective sequences. Triangle presents a balance of forces between buyers and sellers, causing a sideways movement that is usually associated with decreasing volume and volatility.


What Next?

Thrust Possible beyond 2015$ & Comex Gold can attempt previous highs of 2075-2078 zone.

Thanks for watching
Comment:
11:21 am / 5th April 2023

Last @ $2039

Heading in the direction of 2075-2078 Dollar Range


Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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