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Gold (XAUUSD) Elliott Wave Technical Analysis 13 February 24


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Gold Elliott Wave Analysis

Function - Counter-trend

Mode - Corrective

Structure - Triangle

Position - Blue Wave X of larger degree red wave IV

Direction - Blue wave Y of larger degree red wave IV

Details - Wave E of the triangle could have completed or might take one more rally into 2051-2057 supply zone. A breakdown below 2008 should confirm the start of blue wave Y which could see the price off to 1985-1975 key zone. However, a surge above 2044 suggests wave (E) might correct higher into the supply zone mentioned. However, the entire Triangle structure becomes invalid above 2065.

 

Technical Analyst : Sanmi Adeagbot

 

 

09688d94811f84176024c7a8fc055018

 

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    • Hi KoketsoIG, Thank you for the clarification on that. Cheers
    • Dear @millennium_falcon, Hey there! Thank you for reaching out. Just a heads-up, you can only have one API key for each environment, either live or demo. No third API key can be created.  Thanks, KoketsoIG
    • To clarify my understanding. From my Usecase, I have three separate programs all operating interdependently from one another. A program to subscribe to tic data on a number of Epics via the LightStream API, another to grab historic on a number of Epics via the REST API, and finally another to manage positions via the REST API. I need to do this on my demo account initially to get API code stabilized. The IG website specifically says that I need separate API key for each distinct program connecting to IG over REST or LightStream. So in my understanding it looks like I need three API keys all for the demo account. Am I missing something or have I misunderstood how to use these API keys? I am aware of the API request limits and this is why I assumed you need a key per program. Currently I have one API key for the demo account and cannot seem to add more keys to the demo account? I have looked at the FAQ and cannot see an answer for my query.
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