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johnregina
Aug 31, 2019 8:52 AM

in a correction wave X  Short

GOLD (US$/OZ)TVC

Description

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!
Comments
awh2830
@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.
johnregina
@awh2830, yes the overall trend is bullish. only pointing out the possibility of a correction
JohnCheong
I agree with your analysis. Execellent analysis.
geo.rahimi
Perfect.
Thanks a lot
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