Gold Finds Support
Gregor Horvat | Sep 22, 2021 06:14AM ET
Back in August gold made nice and impulsive rally away from 1685 lows, as seen on the 4-hour chart that we labeled as first leg A) of a three-wave recovery within higher degree wave D.
So, with the current three-wave A-B-C pullback for B), seems like gold found new buyers that already lifted price back to 1780. A break out of a downward channel can be very bullish for metal.h2 Gold 4h Elliott Wave Analysis Chart
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