Weekly analytics- Elliott waves analysis – Weekly Review

Silver Weekly Review

 

Wave Analysis
Gold continues to rally above the immediate trendline. While the price remains above the immediate lower trendline, I expect nothing but a possible momentum to the lowerside upperside. While the price remains above this trendline, buyers are in full control. Unless the price breaks and closes below the lower trendline, we are strictly looking for buy positions.
Trade Recommendations:

 

We’re buyers