Gold & Silver Technical Analysis Elliott Wave 12 March 2021
Gold & Silver Technical Analysis Elliott Wave Forecast and Trading Levels
Overview: Today we take a closer look at bullish Elliott wave counts, however the bullish trend up is not confirmed, the rally can be in response to the DXY and the 10Y dropping lower
Dollar index(DXY): Completing Wave iii of (c) of iv) towards the 93 zone
Elliott Wave Gold: Wave iv) corrective rally or low in place
Gold Trading Strategy: Neutral
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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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