Veejahbee

Gold Shorter Cycle Elliot Wave Outlook

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Here is the breakdown of the fifth wave from the lower timeframe. Wave iv should find support around 50% Fib that lined up with a weekly demand zone.

This analysis gives us Elliot wave short-term sell setup and longterm buy setup. DM to see how I will take advantage of this setup.

Longterm Outlook:

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