Wave 5 in Progression for Gold

22 sept.

2700 2750 could see some Decent profit booking for Gold, as it would mark the end of Impulse wave 5 of This Elliott that started at 1600.

24 sept.

Note

As mentioned in the comments section previously.

2590 2550 value area to long for the Mini Wave 5 of the Bigger Wave 5

3 oct.

Note

Near the 2700 zone expect a exhaustion around 2700 2750 zone

8 oct.

Note

Gold at decent support of 2600

Look for price action around 2600 to long

18 oct.

Note

2700 done!

21 oct.

Note

Gold may have started to show signs if weakness around 2740 2750.. Observe if it rejects from this zone or near by 2750 on daily or weekly time frame