Gold sideway correction with Elliott wave count 23 June 2022
gold price made its first impulse wave from 1786 to 1869
since it made top at 1869 it was making complex sideway correction
WXY aka double three with y making abcde triangle (with hammer confirmation on final wave E)
since this gold bull rally driven is driven by upcoming gold crazy bull rally like march 2020 to august 2020
recession and stagflation in usa
first upside target will be 1890 minimum while real target is 2k
speculation being fed starting QE again to save economy from recession
since it made top at 1869 it was making complex sideway correction
WXY aka double three with y making abcde triangle (with hammer confirmation on final wave E)
since this gold bull rally driven is driven by upcoming gold crazy bull rally like march 2020 to august 2020
recession and stagflation in usa
first upside target will be 1890 minimum while real target is 2k
speculation being fed starting QE again to save economy from recession
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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.