Gold may have completed a five-wave impulse to the upside, indicating a potential peak forming today. If confirmed, we expect a reversal and a corrective decline to follow.
Traders should remain cautious and watch for signs of weakness, as this could mark the beginning of a strong downturn.
Traders should remain cautious and watch for signs of weakness, as this could mark the beginning of a strong downturn.
Note
Final high? 
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Elliott Wave | GANN | Fibonacci | Market Psychology | Statistical Models & Financial Astrology.
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London, UK 🇬🇧
Elliott Wave | GANN | Fibonacci | Market Psychology | Statistical Models & Financial Astrology.
Free WhatsApp Channels: vitaldirection.co.uk/join
Elliott Wave | GANN | Fibonacci | Market Psychology | Statistical Models & Financial Astrology.
Free WhatsApp Channels: vitaldirection.co.uk/join
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.