From TradingView · · 40s
Gold Sideways Move Prediction
Gold may hold sideways until October 28th as Elliott Wave analysis suggests a bearish structure completion.
In brief
Gold may hold sideways until October 28th as Elliott Wave analysis suggests a bearish structure completion. Gold could remain sideways until October 28th after completing a bearish Elliott Wave structure. Originally reported by TradingView.
Gold Sideways Movement
Gold is currently moving sideways from an Elliott Wave perspective, completing a bearish structure.
Time Window for Reversal
Gold may reverse by October 28th after completing a bearish Elliott Wave structure with a buffer of two days.
Price Level for Completion
One more low at 3958 is required to complete the bearish Elliott Wave structure.
The bottom line
Gold could remain sideways until October 28th after completing a bearish Elliott Wave structure.
