GOLD: Dec 22, 2023 || Analysis by: Shane Hua (CEWA-Level1)
Bottom line: Gold will continue to rise in price higher.
The bullish outlook for Gold is bullish with wave iii of (iii) of iii(Circle). While Gold must maintain the 2047.180 side, falling lower shows that wave iv is forming and will return to the upside with wave v shortly after.
Bottom line: Gold will continue to rise in price higher.
The bullish outlook for Gold is bullish with wave iii of (iii) of iii(Circle). While Gold must maintain the 2047.180 side, falling lower shows that wave iv is forming and will return to the upside with wave v shortly after.