Gold looks to be breaking right now but it's in the middle of nowhere at the moment. If we want to go for a high probability area, it would be the 1850-1860 region where we have the descending trendline swell as the 61.8 fibonacci.
DXY and Gold are inversely correlated and DXY looks as if it has one more move down before moving up. See chart below.
Do you have any good content to watch on elliott waves on youtube? I'm reading the elliot wave principle book currentlybut its hard to grasp the concepts with words and pictures.
Fradman
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I agree. Best I have come across and so accurate. Would love you to set up a training course .
Asgarian
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