markethunter888

Elliot Wave Analysis : Gold is in wave 5 explosive phase

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TVC:GOLD   CFDs em Ouro (US$ / OZ)
I have shown the Elliot Wave setup for Gold and how its recently completed wave 4 in March. Wave 5 has most likely begun is typically the most explosive part of a bull market.

A reasonable target is ~2400 by the end of October 2021 which will probably be followed by a multi month correction in 2022.

Thank you

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