Since yesterday, gold has been moving slightly higher. We're therefore one step closer to fulfilling our primary expectations. We still expect the price of the precious metal to rise further in the course of the turquoise wave B, and the upcoming high should be well above the 4th December high. However, it could also be that the price has already placed the high. This alternative scenario comes into play if the price falls below the support level of $1935 and has a probability of 40%.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.