this is my idea for next week on gold
gold is still bullish, uptrend structure its alive,under the elliot wave analisis price is finishing the correction abc, currently is testing the 138 level of the fibonnacci expansion on abc, that is a good level, anyway the yellow zone down is around the 161 fib level which is a really good reversal level, gold should be ready to start the new wave.
gold is still bullish, uptrend structure its alive,under the elliot wave analisis price is finishing the correction abc, currently is testing the 138 level of the fibonnacci expansion on abc, that is a good level, anyway the yellow zone down is around the 161 fib level which is a really good reversal level, gold should be ready to start the new wave.