GOLD eyes more upside: Elliott Wave analysis

in wti •  3 years ago 

Gold is coming sharply to the upside as a "safe haven" asset based on the latest US-Russia tensions. Higher inflation is also one of the reasons for higher metals.

Technically we see prices are coming up from 1780 in an impulsive fashion after 1854 was broken, so be aware of more upside possibly already now after sharp pullback which might have been wave 4.
GOLD 4h Elliott Wave Analysis

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