US Spot Gold crash/capitulation just may be the low for gold, we now need to wait and see if we can build a bullish case up off the current low in terms of Elliott wave that is impulse waves rather than corrective waves.
(Video length 00:23:24)
Technical Analysis Elliott Wave Forecast Gold XAU/USD Silver XAG/USD ETF GDX US Dollar Index DXY and US Gov Bonds 10 YR Yield
US Spot Gold crash/capitulation just may be the low for gold, we now need to wait and see if we can build a bullish case up off the current low in terms of Elliott wave that is impulse waves rather than corrective waves.
US Dollar Index DXY: The spike in the dollar may turn our bearish wave count out to a bullish count if a new high is made.
US Gov Bonds 10 YR Yield: Wave iii of (iii) of iv)
Gold Technical Analysis: Small Elliott Wave triangle pattern in the 1830 - 1790 range that is uncompleted as Wave B
Elliott Wave Gold: Primary Wave 4) completed?
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