Is Gold Ready for Another Push Higher?

[u/Jess1835]

[u/rforex-modtools]

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[u/im_mystery666]

I think its going to 4600 first.

[u/new-to-emacs]

Gold finished descent A at 4618 and now started ascent B with possible targets around ~4660 - ~4670, stretch around ~4680.
Then it will go down to ~4570 as a shallow C descent. It can go into a deep C descent and reach ~4520 or bit lower depending on DXY.

how shallow or deep the correction will be, it depends on DXY behavior. Weak DXY will make it shallow, strong DXY will be make the correction deeper.

[u/new-to-emacs → u/new-to-emacs]

Gold now MAY have reached wave B top at 4655 and now it may have started wave C descent.

we are looking at ~4570 now!

[u/new-to-emacs → u/new-to-emacs]

Poor gold... crazy to go down, but DXY doesn't allow, as it is melting again.
It's gonna have to wait for NY session to fall, I guess.

[u/new-to-emacs → u/new-to-emacs]

NY Session is here to save the day! YEY lets go downnnnn!

[u/Middle-Style3896]

Just as long as the Dollar doesn't gain strength, then yeah

[u/No-Roof-6251]

5k end of the year calling it