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XAU: Gold Looks for $2600 Price Tag for XMAS 2024

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
DigitalSurfTrading Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Elliott Wave
2
0
elliottwaves
Gold has been on a rollercoaster of a ride over the past year and it's been fun to catch a few wins along the way. A run to $2600 seems inevitable. Closed my shorts from 2220-2230 and went long above $2250 w/ T1 near $2390.
Comment:
Perhaps a trip down to 2180 is due before the next upwards slash.

snapshot
Comment:
Shart for now. Long not ready.

snapshot
Comment:
Primary waveform (shared above) is likely not to be valid.

Gold should see $3000 in 2025, but for now, it seems likely due for a seasonal chop back down to $2034.

snapshot
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