Metal is still correcting the entire decline from 3.42 peak. 50 fib (3.20) has been tested but another leg higher 61.8 fib (3.25) is still expected complete wave X before metal turns lower again.
Subscribe to Get Free Market Insights
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Related Articles
CommoditiesNews
Gold (XAUUSD) Price Action: Strong Elliott Wave Impulsive Reaction from Key Support Zone
The short‑term Elliott Wave view in Gold (XAUUSD) shows that the yellow metal has completed...
CommoditiesNews
Oil ($CL_F) Impulsive Wave Structure Suggests Further Losses
The short‑term Elliott Wave view on Oil indicates that after spiking to $119.48 in response...
CommoditiesNews
XAUUSD Elliott Wave Update: Gold in Expanded Flat Correction
After completing the correction at $4098.74 on the March 23 low, Gold (XAUUSD) initiated a...
