Gold - XAU/USD - Bull run soon
Here I break down the corrective wave structures of Gold from ~$1550 - from the perspective of Elliott Wave theory.
We may have completed a Triple Corrective Combination (W-X-Y-X-Z) that concludes Wave 4 & a final Wave 5 could be coming soon.
Highlighted region is a confluent zone to invest / long (even current price is great), and if this Wave Count is correct, we should not see much more further lows.
We may have completed a Triple Corrective Combination (W-X-Y-X-Z) that concludes Wave 4 & a final Wave 5 could be coming soon.
Highlighted region is a confluent zone to invest / long (even current price is great), and if this Wave Count is correct, we should not see much more further lows.