ShaneHua

GOLD: March 28, 2024

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Master of Elliott Wave Analysis: Shane Hua (CEWA-M),

The short-term outlook suggests that wave (ii)-purple is currently unfolding to continue pushing lower, targeting around $2129. However, the current correction pattern seems unpredictable, but we will monitor the price decline at the resistance level of $2208.

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