We have adapted our alternative expectation (42%) as we now believe that if the gold price crosses the support line at $1723, the price will further decline way below $1673. In our primary scenario, however, we believe that the price will turn around soon and move up to land between $1846 and $1871.
Which one is it going to be?
Which one is it going to be?
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Related publications
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.