corrective or impulsive?
Another leg lower for gold with inflation as the kicker.
↳ In 2018, the original bullish gold chart began the entire move. The triangle breakout and has been very impulsive.
↳ On the weekly, support comes in at $1676 and $1518 below as the main MT swing target for the ABC sequence inside a multi-year five wave pattern.
↳ For those on the bid, a daily close above $1765 would call into question the bearish view.
↳ In 2018, the original bullish gold chart began the entire move. The triangle breakout and has been very impulsive.
↳ On the weekly, support comes in at $1676 and $1518 below as the main MT swing target for the ABC sequence inside a multi-year five wave pattern.
↳ For those on the bid, a daily close above $1765 would call into question the bearish view.
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Publications connexes
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.