gold price made a bull rally after it finished its triangle correction at 1780
russia crisis give it the reason to make impulsive which shock everyone
the wave C has made its 1.382 projection at 1996 , while next target will be 2033 the 1.618 projection . this whole area from 1996 to 2033 is our sell zone with bulls profit taking zone
if price made top at these level than our first target for seller will be 0.382 retracement at 1878 which is a strong horizontal support to bring more buyers who missed this entire rally from 1780
this was ABC Elliott wave corrective wave pattern with tringle correction in wave B
russia crisis give it the reason to make impulsive which shock everyone
the wave C has made its 1.382 projection at 1996 , while next target will be 2033 the 1.618 projection . this whole area from 1996 to 2033 is our sell zone with bulls profit taking zone
if price made top at these level than our first target for seller will be 0.382 retracement at 1878 which is a strong horizontal support to bring more buyers who missed this entire rally from 1780
this was ABC Elliott wave corrective wave pattern with tringle correction in wave B
