GOLD – ABC Retracement Wave Forming!
GOLD is currently forming an ABC retracement wave, and Wave A is in progress. Based on technical analysis, the expected target for Wave A is around $2880.
📌 Key Points:
🔹 Wave A is the first leg of the corrective pattern, with a potential target near $2880.
🔹 Wave B may retrace to key Fibonacci levels before the final Wave C move.
🔹 This analysis is based purely on technical structure and retracement confluences.
⚠ Disclaimer: This is NOT financial advice—for educational purposes only. Always conduct your own analysis and risk management before making any trading decisions.
📌 Key Points:
🔹 Wave A is the first leg of the corrective pattern, with a potential target near $2880.
🔹 Wave B may retrace to key Fibonacci levels before the final Wave C move.
🔹 This analysis is based purely on technical structure and retracement confluences.
⚠ Disclaimer: This is NOT financial advice—for educational purposes only. Always conduct your own analysis and risk management before making any trading decisions.
Trade active
Related publications
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.
Related publications
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.