Bitcoin and Gold Elliott Wave Analysis

in LeoFinance8 days ago

Bitcoin Elliott Wave Analysis

Bitcoin (BTC) Ethereum (ETH) Technical Analysis Elliott Wave

Overview:Bitcoin Move up close to 38 - 40k

Bitcoin Elliott Wave Analysis: A more complicated Wave 4 in play. Wave c) of 4

Trading Levels: resistance 38K (MinorLevel mTL8)

Bitcoin Trading Strategy: Currently two positions long. with targets at 38 and 40k

Gold Elliott Wave Analysis

Gold XAU/USD GDX Silver XAG/USD Technical Analysis Elliott Wave Forecast

Overview: Impulsive pattern in play

Elliott Wave Gold: Wave (iii) of v) of 3 retracement completed for Gold

Gold Trading Strategy: continue to build long positions, buying dips

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As with any trading or investment opportunity, there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on.

Note: Historical trading results are no guarantee of future returns.

Some investments are inherently more risky than others. At worst, you could lose your entire investment and more

TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software, and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.

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