Gold Analysis Forecast: Elliott Wave Triangle on 1800 [Video]

Peter Mathers TradingLounge

Technical Analysis Elliott Wave Forecast Gold XAU/USD GDX Silver XAG/USD ETF GDX US Dollar Index DXY and US Gov Bonds 10 YR Yield

US Dollar Index DXY: Wave 4 top is completed and the DXY is steadily edging lower Into Wave 1 We can expect the dollar to continue lower in the months and weeks ahead.

US Gov Bonds 10 YR Yield: will move down to 1.00

Gold Technical Analysis:Small Elliott Wave triangle pattern in the 1830 - 1790 range that is uncompleted as Wave B

Elliott Wave Gold: Wave (a) of d) of B of 4) Elliott Wave Triangle

Gold Trading Strategy:Neutral

TradingLevels: Market support Sub-group 2 1765|17772|1780

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Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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