Elliott Wave View: Potential Target for Gold’s Correction
Short Term Elliott Wave view in Gold (XAUUSD) suggests the metal continues the correction lower. The internal of the decline from November 9 peak is unfolding as a zigzag Elliott Wave structure. Down from November 9 peak, wave ((a)) ended at 1850. Up from there, bounce in wave ((b)) unfolded as a zigzag in lesser degree. Wave (a) ended at 1890.41, wave (b) ended at 1855.30, and wave (c) of ((b)) ended at 1898.92. The metal has resumed lower in wave ((c)). Internal...
Read More
