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Elliott Wave Analysis & Forecast, GOLD - XAUUSD, M1, 20190425

gm April 25, 2019

Elliott Wave Analysis & Forecast, GOLD - XAUUSD, M1, 20190425




In my opinion, correction resumed after green wave B ended at 1346 on 18th February 2019.  Since we saw all time high peak at 1920 in 2011,  correction is forming in ABC pattern. Green wave in the form of A ended at 1046 in 2015 then green wave B started and ended at 1346. Now final wave gren c is continue to develop and ideal target for this wave will be  near 955-960 area even lower. 

muhiuddin

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Posted by: gm

Currently working as Senior Analyst in Tijarat Network, a leading provider of in depth market analysis, research and trade recommendations for Forex, Stock, Indices and Commodities. Tijarat Network where analysts sit together, analyze technical and fundamental factors, conclude market direction and then issue analysis and forecast regarding where they believe the markets are heading. Elliott Wave Theory is a major factor that contribute in financial forecast. We value our reputation and always fulfill our obligations toward clients and partners.

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