Gold: Be Aware Of Another Jump Up

 | Jul 28, 2021 06:07AM ET

Gold is still looking for a bigger three-wave A)-B)-C) recovery within wave D of a bigger bullish triangle pattern. Current sideways consolidation looks like an irregular flat correction in wave B), so be aware of another jump into a wave C) of D before we will see a slow down within the final wave E.

Gold 4h Elliott Wave Analysis Chart