Gold - Can the prices drop once again?
Gold. XAUUSD.
This can be a possible scenario for Gold where the upside movement is considered a correction pattern. That would conclude that the prices can drop lower than the last month before continuing to the upside after a completed correction.
This chart is based on the Elliott Wave theory and is simply an analysis based on personal knowledge and experience. Please manage risk while trading.
This can be a possible scenario for Gold where the upside movement is considered a correction pattern. That would conclude that the prices can drop lower than the last month before continuing to the upside after a completed correction.
This chart is based on the Elliott Wave theory and is simply an analysis based on personal knowledge and experience. Please manage risk while trading.
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