Ryzen7

GOLD 4/4/2022

ロング
OANDA:XAUUSD   金/米ドル
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT

I'm not an expert.

Just like you, an ordinary person. :)

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Gold is showing signs of another bullish market in succeeding months to come but need to met some conditions to make it happen. I think, this is due to recent events happening right now in the world. Most of the investors are now hedging and having gold in their portfolio.
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Technical Analysis (Only one timeframe)

Elliot Wave Count
Most likely gold is in the process of completing the five wave move. Most of you, may call it cup and handle pattern but Elliot Wave gives an approximate price target.

Monthly Timeframe
In the chart.
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT

I'm not an expert.

Just like you, an ordinary person. :)
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