The short-term Elliott Wave view in Gold (XAUUSD) indicates that the cycle from the June 30 low concluded at $4695.89. This advance has been labeled as wave ((1)). A corrective pullback in wave ((2)) is now unfolding to retrace that cycle. The correction took the form of a zigzag Elliott Wave structure. From the peak […]
The post Elliott Wave Outlook: Gold (XAUUSD) Anticipates Minimum 3 Wave Rally appeared first on ActionForex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal While a laptop computer is perfect Read more…
USD/JPY has tumbled from 160.38 through 158, not because of actual intervention but because fear of a repeat is shaping trader psychology near 160 — a fear reinforced by rapidly repricing BoJ tightening expectations, setting Read more…
Key Highlights WTI Crude Oil started a fresh surge above $90.00 and $91.20. A bullish trend line is forming with support at $87.50 on the 4-hour chart of XTI/USD. Gold started a consolidation phase below Read more…