When analyzing the 4-hour price chart, the rally has an incomplete Elliott wave pattern. It appears gold is in the 5th wave of a rally that began February 28. We are estimating this wave ‘v ...
The attached daily chart highlights gold’s long-term bullish trend. The market completed wave (2) in October 2023, initiating wave (3), which has been advancing steadily. This impulsive ...
As expected, gold is making a strong push to the upside, and this now looks like a fifth wave of an impulsive price structure on the 4-hour time frame, coming from the 2830 area. As we know ...