Gold continues to consolidate between $1220/30
Gold structure remains in consolidation for now leaving less room to discuss the probable wave counts. We maintain the medium term bullish outlook towards $1250/70 levels for now. It remains to be seen whether the yellow metal reverses from current levels or from $1213/16 levels, going forward. To refresh the existing wave structure, please note that we can probably count waves A and B (a complex combination), between $1160 and $1180 levels respectively. Please note that probability of Wave C remains until prices stay above $1180 levels going forward. Only a break below $1180 levels would require us to re-structure the above counts.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
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.