Gold Market Forecast: XAU/USD news and analysis [Video]

Peter Mathers TradingLounge

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

US Spot Gold While it stays above 1700 we can stay with the Elliott Wave Triangle pattern.

US Dollar Index DXY: Wave iii of (v) of C) of 4.

US Gov Bonds 10 YR Yield: Wave (i) of v).

Gold Technical Analysis:Corrective rally in progress towards 1800.

Elliott Wave Gold: Primary Wave 4).

Count1: Wave iv) of 1 Count 2: Triangle; Wave (D).

Gold Trading Strategy:Neutral.

TradingLevels: Resistance 1800.

Author

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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