in a correction wave X

TVC:GOLD   CFDs on Gold (US$ / OZ)
This analysis is requested by a fellow follower. first time looking at gold chart and did my analysis according to ew.

This is just my humble opinion and is not any financial advice.

Good luck!


@johnregina I like the analysis but disagree. Gold is moving out of its 8 year secular bear market. It has based and been in a zone of accumulation for years. The path is bullish for at least the next 8 years. Secular Bull, buy on pullbacks.
+1 Reply
@awh2830, yes the overall trend is bullish. only pointing out the possibility of a correction
I agree with your analysis. Execellent analysis.
Thanks a lot
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