ELLIOTT WAVE ANALYSIS GOLD: 20 AUG, 2024
© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M.
Wave 1-grey of wave (5)-orange has just completed, it seems that wave 2-grey is also completed, since from the low of 2,485.52, wave 3-grey is unfolding to push higher.
While price must remain above 2,485.52 to maintain this view. Pushing lower suggests wave 2-grey is extending longer than expected.
Wave 1-grey of wave (5)-orange has just completed, it seems that wave 2-grey is also completed, since from the low of 2,485.52, wave 3-grey is unfolding to push higher.
While price must remain above 2,485.52 to maintain this view. Pushing lower suggests wave 2-grey is extending longer than expected.
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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.