Elliott Wave View: Gold Has Turned Bullish

Short term Elliott Wave View in Gold (XAUUSD) suggests the rally from 9.28.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 9.28.2022 low, wave 1 ended at 1729.46 and pullback in wave 2 ended at 1616.71. The metal then resumed higher in wave 3. Up from wave 2, wave ((i)) ended at 1682.37 and dips in wave ((ii)) ended at 1663.80. The metal resumes higher in wave ((iii)) towards 1772.78 and pullback in wave ((iv)) ended at 1752.30. Final leg h...