Gold Technical Analysis - Friday, May 28

(Video length 00:13:14)

  • Gold XAU/USD & Silver XAG/USD Technical Analysis Elliott Wave Forecast
  • Overview: Above and below golds 1900 levels is the 50 - 62% retracement space, so expect gold to be in this range for a good few weeks. Silver will be the same at 28.00.
  • That said the Gold and silver markets remain in their bullish trends with golds target above 2000 to 2300
  • Elliott Wave Gold: Expect more corrective pattern above and below 1900
  • Gold Trading Strategy: continue to build long positions, buying dips


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