elliottwavegreen

Gold is bullish in a correctional pattern.

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is going through a zigzag pattern , in which waves (A), (B) are complete , wave (C) is going to end around the top trend line around 1300 .
From the top at 1345 Gold has completed a 5 wave structure , and then the second 5 wave structure was completed from the top of 1325.
Trade active
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.