ew-forecast

GOLD Elliott Wave Analysis - Impulsive Bearish

FX:XAUUSD   Gold Spot / U.S. Dollar
495 2 0
GOLD             found some support on Thursday, but rally from that low is slow so we believe it’s a corrective wave iv that will sooner or later send price back to the lows; ideally to 1180 level from June. Invalidation level for gold             is at 1226. http://www.ew-forecast.com
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wave V is possibly truncated.
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Not Yet. Any Break out of 1207 are will be zig-zag on 4h wave. 1207 a, 1192 n new high will be c.
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