Gold & Silver Technical Analysis - Wednesday, July 7

The swings across 1800 (minor level mTL8) is an (a) (b) (c) Wave ii) correction playing out, once completed we should see further upside.

(Video length 00:08:06)

  • Technical Analysis Elliott Wave Forecast Gold XAU/USD GDX Silver XAG/USD 
  • Gold Technical Analysis Overview: The swings across 1800 (minor level mTL8)  is an (a) (b) (c) Wave ii) correction playing out, once completed we should see further upside
  • Elliott Wave Gold: Wave (b) of ii)
  • Gold Trading Strategy: A long trade below and above 1800 as the tested support creates long trades

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