Gold/ USD

5 thg 5, 2023

Based on my analysis using the Elliott Wave Principle, it appears that gold is likely to reach a new high. However, once the wave is completed, there could be a significant correction. As a result, I recommend exercising caution when considering buying gold and instead suggest focusing on selling opportunities with a strong emphasis on risk management. It's important to keep in mind that trading always carries risk, and it's crucial to have a well-defined trading plan in place to help manage that risk effectively.