More downside on Gold

١٠ يوليو ٢٠٢٢

Gold seems to have more room to cover to the downside. According to my Elliot Wave Analysis, this pair has an extended wave 5 which may form its sub wave 4 this week(short term long). I expect the Pullback to 1803.69 to as act as resistance and further push the price down to complete the wave 5.