Gold Technical Analysis - Friday, July 30

Long positions can take profit at 1850 as this is the Fibonacci level 61.8% retracement.

(Video length 00:41:38)

  • Technical Analysis Elliott Wave Forecast Gold XAU/USD GDX Silver XAG/USD ETF GDX US Dollar Index DXY and US Gov Bonds 10 YR Yield
  • Gold Technical Analysis: Trending to 1850
  • Elliott Wave Gold: Tracking two counts, the Impulse wave and Elliott Wave Triangle
  • Gold Trading Strategy: Long positions can take profit at 1850 as this is the Fibonacci level 61.8% retracement.
  • TradingLevels: Minor Level 1800 then Minor Group 1 1810|1820|1830 the top of the group1 is very important as the next support as it sets up the next level the Mid-point 1850

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