Get started
elliottwavegreen

GOLD BULLS ARE ON

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
elliottwavegreen  
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Elliott Wave elliotwaveanalysis Gold goldanalysis goldbulls goldidea goldsetup
9
2
trendanalysis chartpattern elliottwaves elliotwaveanalysis gold goldanalysis goldbulls goldidea goldsetup
Finally Gold has started to move in that bullish move that we have been expecting for a while , support lies at 1182 and target zone is at 1250.
The overall pattern is looking to be double zigzag.The wave count in Euro and US Dollar index DXY is also supporting this, US Dollar is about to finish last leg of bearish correction , hence GBP, CAD , EUR , AUS and Gold shall be traded as a bullish move.
Hope this helps .
PLEASE LIKE , SHARE AND FOLLOW.
THANKS
ELLIOTTWAVEGREEN
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.