Gold Technical Analysis - Friday, July 16

(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

 

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 ...

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