Gold update 11.03.24
I see no reason for gold to fall. The fundamentals are very strong, as is the technical analysis. We have seen that even inflationary NFP have failed to move the market in opposite direction. I would use every single drop to buy gold.
According to my Elliot wave count and also the type of market structure, gold has more room to rise before a major retracement or another consolidation.
https://www.tradingview.com/x/BH2pUoYa/
According to my Elliot wave count and also the type of market structure, gold has more room to rise before a major retracement or another consolidation.
https://www.tradingview.com/x/BH2pUoYa/
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