XAUUSD will explode in coming days and I also see a nice falling wedge pattern in GOLD (Barrick). The pattern has been broken already and the price is making a goodbye kiss of the trendline. Time to load Dec options with strike @18. They are cheap. This nicely converges with my view on SPX500.
➡️t.me/charta_energeia — Telegram channel for regular Elliott Wave, level, and trend analysis on Oil, Gas, and Crypto.
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➡️t.me/charta_energeia — Telegram channel for regular Elliott Wave, level, and trend analysis on Oil, Gas, and Crypto.
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.