Stoic-Trader

Expecting a Pullback for Gold

OANDA:XAUUSD   Emas / Dollar A.S.
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.


📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)

linktr.ee/stoic.trader
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.