Gold XAU/USD Analysis Elliott Wave, 7 April
Gold XAU/USD & Silver XAG/USD Technical Analysis Elliott Wave Forecast
Overview: Gold, if the 1750 becomes the tested support then the market is bullish
Elliott Wave Gold: Wave i) in progress
Gold Trading Strategy: Waiting for Long trade Setups for gold and silver
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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About the Author
Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company. After learning Japanese analysis techniques, Peter moved to Sydney where he worked for various brokerage houses, furthering his practical knowledge of derivative markets.
Extending his passion overseas, Peter travelled to Britain where he studied both the UK and US markets. When Peter returned to Australia, he updated his qualifications and went on to write and deliver advanced trading workshops for global leaders in foreign exchange and derivative trading, including CMC Markets, City Index, Invast and others. As a well-seasoned trader, with an aptitude for investor education, Peter obtained the necessary licences to establish TradingLounge and offer education and trading support to traders and investors.