Based on Elliott wave:
As you look, We are into 3th waves (correction) of Elliot wave and it have 5 microwave into 3th wave. We finally finished 4th wave and now price can be pump this range if is not break.
It seems gold was react on any level of backward support and becomes create resistance levels. So, It can be move up easily.
This is my idea. Do not trust anyone.
As you look, We are into 3th waves (correction) of Elliot wave and it have 5 microwave into 3th wave. We finally finished 4th wave and now price can be pump this range if is not break.
It seems gold was react on any level of backward support and becomes create resistance levels. So, It can be move up easily.
This is my idea. Do not trust anyone.