Gold Technical Analysis - Friday, Sept. 10

US Spot Gold Now has an Impulse wave up from the low, so in one way or another gold is bullish.

US Spot Gold Now has an Impulse wave up from the low, so in one way or another gold is bullish.

Gold, Ingots, Treasure, Bullion, Gold Bars, Wealth

Image Source: Pixabay

  • Gold Technical Analysis: Expecting a move to around 1750.
  • Elliott Wave Gold: Working through Primary Wave 4).
  • Count1: Wave a) of 2  Count 2: Triangle;  Wave a) of B of (D) of 4).
  • Gold Trading Strategy: 1830 as the tested support is the safe Risk-On Trade, that said we are currently long.
  • TradingLevels: Resistance First support Sub-Level 2 1780|1772|1765 Second support The Mid Point 1750.

Video Length: 00:16:14

Comments