Gold prices appear to be forming an Elliott Wave diagonal pattern.
This pattern is confirmed on a break down below the support trend line near $1820.
If this is a leading diagonal, then a correction to $1710 is considered the next "normal" move.
If this is an ending diagonal, then a correction to below $1620 would be expected.
This pattern is valid so long as yesterday's high holds and the support trend line breaks.
This pattern is confirmed on a break down below the support trend line near $1820.
If this is a leading diagonal, then a correction to $1710 is considered the next "normal" move.
If this is an ending diagonal, then a correction to below $1620 would be expected.
This pattern is valid so long as yesterday's high holds and the support trend line breaks.
Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.