Gold bearish trend continuation
Gold is in a corrective elliottwave pattern:
Where A leg was a zigzag; followed by a BC (flat wedge formation)
1298-1300 would be an interesting area to watch; to see if there is reversal which will confirm the bullish gartley which might take the price back to 1310 support level; which could then be deemed as "E"!.
If not then we are surely going down...
Where A leg was a zigzag; followed by a BC (flat wedge formation)
1298-1300 would be an interesting area to watch; to see if there is reversal which will confirm the bullish gartley which might take the price back to 1310 support level; which could then be deemed as "E"!.
If not then we are surely going down...
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