Gold Elliott Waves And Pattern

Gold Waves :

Gold elliott wave 

As seen on chart , 5th wave finish at 1789 then we may see 61.8% retracement of entire Five waves which is complete around 1621.

1st and 3rd wave equal and 5th wave is 61.8% of 1st wave.

Head and Shoulder Pattern :

Gold Head and Shoulder Pattern 

Trendline at 1761. If it will break then we may see 1721.

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