Gold & Silver Technical Analysis Elliott Wave 8 March 2021
Gold & Silver Technical Analysis Elliott Wave Forecast and Trading Levels
Overview: The Bearish trend continues lower for gold and silver, with 1700 support for gold and 25.00 for silver, expected bounces at these levels
Dollar index (DXY): Completing Wave iii of (c) of iv) towards the 93 zone
Elliott Wave Gold: Wave iv) corrective rally
Gold Trading Strategy: Short Silver
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Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.
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