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.
Are you ready to learn Elliott Wave? Take our Free Elliott Wave Readiness Assessment: bit.ly/EWreadinessquiz2
seethewaves.com - A school to learn how to read charts & Elliott Wave Theory.
seethewaves.com - A school to learn how to read charts & Elliott Wave Theory.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Are you ready to learn Elliott Wave? Take our Free Elliott Wave Readiness Assessment: bit.ly/EWreadinessquiz2
seethewaves.com - A school to learn how to read charts & Elliott Wave Theory.
seethewaves.com - A school to learn how to read charts & Elliott Wave Theory.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.