TVC:GOLD   CFDs on Gold (US$ / OZ)
Hello Traders

Its seems GOLD (XAU/USD) has completed its wave 3 and now it is going to start correction wave 4.
RSI reached overbought zone and need a correction for a healthy upward momentum.
Also there is a big resistance in 1798-1801 zone (MA 200 & 100 days)
We predict 1778 zone will be end of wave 4.


Thanks for reading

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.