Gold Analysis Based Elliott Triangle Wave

23 Nis

GOLD h2 timeframe Gold pair analysis for today 23 April 2025 Gold analysis based on Elliott Impulse wave and Elliott Triangle Wave


We first consider the (1 to 5) Elliott Impulse Wave which succeeded in going up from the bottom. Now we will consider the (ACBDE) Elliott Triangle Wave for the coming days which indicates going down from the top to 3050. we look at the RSI which is hovering around 41.02 which is clearly indicating a sell trend and we will consider selling.

GOLD Gold Sell Entry 3336
TP 3214
TP 3050
SL 3400

1 May

İşlem kapandı: hedefe ulaştı

my gold analysis has achieved first target of 1300 pips