Short Term Elliott Wave in Gold (XAUUSD) suggests that the metal is correcting cycle from 10.6.2023 low. Up from 10.6.2023 low, wave (1) ended at1997.16. Pullback in wave (2) is in progress as an expanded Flat structure. Down from wave (1), wave A ended at 1953.4 and rally in wave B ended at 2009.38. Internal of wave (B) unfolded as a zigzag in lesser degree as the 1 hour chart below shows. Up from wave A, wave ((a)) ended at 1993.44 and pullback in wave ((b)) ended at 1971.50. Final leg wave …
Gold (XAUUSD) Pullback Looking for Support to the Upside for
Short Term Elliott Wave in Gold (XAUUSD) suggests that the metal is correcting cycle from 10.6.2023 low. Up from 10.6.2023 low, wave (1) ended at1997.16. Pullback in wave (2) is in progress as an expanded Flat structure. Down from wave (1), wave A ended at 1953.4 and rally in wave B ended at 2009.38. Internal…
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