Gold And Silver Technical Analysis For Monday, Mar. 22

Overview: It's not confirmed that a low is in place for Gold and Silver, but just in case it is, I'm working bullish counts and bearish counts.

The dollar index (DXY) Wave iv of (c) of iv) expecting the dollar to move higher placing pressure on gold.

Elliott Wave Gold: Working two counts, an Impulse wave for the bullish count Leading diagonal triangle as wave i) and a corrective count as an (a) (b) (c) as Wave iv).

Gold Trading Strategy: Neutral.

Video Length: 00:15:50

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.