Gold prices appear to be forming an Elliott Wave diagonal pattern.
This pattern is confirmed on a break down below the support trend line near $1820.
If this is a leading diagonal, then a correction to $1710 is considered the next "normal" move.
If this is an ending diagonal, then a correction to below $1620 would be expected.
This pattern is valid so long as yesterday's high holds and the support trend line breaks.
This pattern is confirmed on a break down below the support trend line near $1820.
If this is a leading diagonal, then a correction to $1710 is considered the next "normal" move.
If this is an ending diagonal, then a correction to below $1620 would be expected.
This pattern is valid so long as yesterday's high holds and the support trend line breaks.
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Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.