CFDs on Gold (US$ / OZ)Updated Gold
Without a new high, I see a potential ABCD pattern here.
Note
The red wave iii is not yet finished.Waves 4 and 5 of iii will follow soon.
Then lower the wave iv and again rising the red v.
If the price stays below 1611, we might see prices below $ 1500.
Note
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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.