In monthly TF, gold has completed the full Elliot wave and it should go into a series of correction. But in 2W TF, it printed out a green bar. However, the trendline still valid. As long as the trendline is not broken, I am still bearish in gold in medium term.
Therefore, for next week, gold should first go up and should be capped at 3410. Price could quickly drop after that.
Let's see how the market plays out next week.
Therefore, for next week, gold should first go up and should be capped at 3410. Price could quickly drop after that.
Let's see how the market plays out next week.
I have started trader's account in Roboforex.
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
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.
I have started trader's account in Roboforex.
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
Feel free to copy and earn together.
copyfx.com/ratings/rating-all/show/385840
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.