Nicolas30

Gold ABC-Correction (Elliot Wave)

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold Long opportunity:

Gold is currently in a ABC Correction. DAX formed a Triangle (Wave B) and is now in Wave C until prior Resistance USD 1760-1780.
From the Resistance gold will likely start a new 5-wave impuls and reach highs at USD 2'075 or beyond.

Target: 2'075


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