Elliott Wave Analysis: GOLD Intraday View

Gregor Horvat Wavetraders

Gold is making a small pullback at the moment from 1243 high which can be a temporary corrective set-back. Ideally it's a small flat in wave two which may look for a support at 1236 or maybe 1232 levels. Invalidation level remains at 1216 where we recongized a completed A-B-C retracement from 1244.

GOLD, 1h

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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