BCMel
Long

Elliott wave projection for gold bounceback

OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is my hourly projection for spot gold , given that a resumption of the strong 3.5 month uptrend is likely to continue.
Gold has been rising in spite of the US dollar maintaining it's strength.
MACD is making a gradual recovery on the hourly and is positive also on the daily and weekly charts.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out