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Elliott wave analysis on Gold (2017-06-09)

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Gold has rebounded 24 weeks after getting supported from the previous wedge support line.
Update the elliott wave count for Gold (2017-01-05)


Nowadays the price came to the long-term resistance line twice but both were rejected. An ending diagonal pattern was formed here and warned us a top was formed (might be a short term top).
DXY also rebounded from yesterday, which will push metals down.
DXY elliott wave analysis updates (2017-06-08)


As a result gold should have a large pull back here.

Good luck for everyone!
İşlem kapandı: hedefe ulaştı
Trend was changed back to bullish. Trade was closed weeks ago. I will update the analysis soon.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.