Spot Gold Weekly Forecast (August 8 – 12, 2022)
Gold Uptrend Key Level 👈️👈️👈️
The uptrend may be expected to continue in case the market rises above resistance level $1800, which will be followed by reaching resistance level $1820 – $1840.
Analysis
In-depth analysis, trading strategies, commodity market insights and technical analysis on commodities such as base metals, gold, silver, crude oil, copper, lead, nickel and zinc.
Gold: Elliott Wave Analysis and Weekly Forecast for 24-01-2022 to 28-01-2022
Gold Weekly Forecast: Daily chart: an ascending third wave of larger degree (3) is formed, a descending correction developed as the fourth wave (4), and the fifth wave (5) appears to be unfolding, with the third wave of smaller degree 3 of (5) starting to form inside.