Gold has begun a correction in the last few days, but I believe this is just a temporary correction before a new leg to the upside, which will give us fresh multi-year highs.
My primary Elliott Wave count suggests that gold price has finished orange Wave 4 correction, and is now embarked in a new impulsive wave to the upside, labeled orange Wave 5.
This Wave 5 would reach at least the 2020 high at $2075, and a test of 2100 or higher could be expected.
My primary Elliott Wave count suggests that gold price has finished orange Wave 4 correction, and is now embarked in a new impulsive wave to the upside, labeled orange Wave 5.
This Wave 5 would reach at least the 2020 high at $2075, and a test of 2100 or higher could be expected.
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