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UltimateForexSignals
Oct 28, 2022 3:36 AM

Gold Levels for next week  

GoldOANDA

Description


Gold :
Resistance: 1687-1673
Support: 1566-1598

Above 1690 for 1728
Below 1648 for 1620/1598
Comments
JoeGarner
Some very good analysis here. My short-term and medium-term analysis is very close to your wave count here. You have done well to spot the ending diagonal pattern. I saw it some time ago but surprisingly you are the only other analyst I have seen who has also seen this pattern. It is possible that your blue (a) wave was in fact a truncated/failed red wave 5 and that the price will now move up from here, but like you I am looking at 1595 and 1565 as possible downside targets.
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