sudhannayak

Gold metal Elliott Wave analysis

Short
sudhannayak Updated   
MCX:GOLD1!   Gold Futures
Om Namah Shivay

Again tried gold and made little different to the starting of the counting.

Gold is now in correction and can lead to further down.

This is for education purpose only. No trading suggestions from this analysis.

Om Namah Shivay
Comment:
Initial Area of gold counting is complex, One clean variant of calcuation had provided. With WXY ( Y being the top ), X is the start of the big impulsive candle ( in that case it is abc )
Trade closed: target reached:
The metal has achieved the target, further holding, needs more anlysis.
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