© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M.
(1D) Long-term context suggests that the ((iv))-green wave is currently unfolding to push lower, targeting 2265. After reaching the bottom, the ((v))-green wave is expected to follow, ready to push higher.
(4H) Short-term outlook has seen a significant decline since the recent high. Gold is now poised to continue its downward momentum towards the immediate target range of 2284 - 2258. Maintaining prices below the resistance level of 2355 would support this view.
Invalidation point: 2433
(1D) Long-term context suggests that the ((iv))-green wave is currently unfolding to push lower, targeting 2265. After reaching the bottom, the ((v))-green wave is expected to follow, ready to push higher.
(4H) Short-term outlook has seen a significant decline since the recent high. Gold is now poised to continue its downward momentum towards the immediate target range of 2284 - 2258. Maintaining prices below the resistance level of 2355 would support this view.
Invalidation point: 2433
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.
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.