EightyNineWaves

XAU November/December Outlook - Gold To Dip Soon

Short
FOREXCOM:XAUUSD   Or / Dollar Américain
I favor the corrective structure sourced from the August '20 high as a still developing triangle. Alternatively, that correction may have completed at the March '21 low and the higher lows and lower highs since then could be viewed as a series of fractal 1-2s in three degrees. Either way, the implication for the immediate future would be the same:

Gold would top soon and then reverse into either a wave E or 2 pullback to 1800 or lower, after which it should start to make its way back to 2020 highs next year.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.