Gold Technical Analysis - Friday, July 16

Elliott Wave Analyst - tradinglounge • Jul 16, 2021 at 4:01 AM EDT

Gold's next step is to secure support on top of Subgroup 1 1830, once this is done it sets the next target at the next level 1850.

(Video length 00:21:24)

Technical Analysis Elliott Wave Forecast Gold XAU/USD GDX Silver XAG/USD
Gold Technical Analysis: Bullish trend to 1850 in play.
Elliott Wave Gold: Wave v of (iii)
Gold Trading Strategy: take part profit at 1850, but in the meantime tested support at 1830 is required and this can take a good few sessions.
TradingLevels: Gold's next step is to secure support on top of Subgroup 1 1830, once this is done it sets the next target at the next level 1850

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