Gold expecting important bullish turn (Elliott Wave Analysis)
Gold looking to make the bullish move from here on, I earlier thought that the Wave C will progress as an Ending Diagonal however it has already moved into the target zone white box.
Also since the Wave 3 of C is smaller then Wave 1, hence the Wave 5 can not go beyond 1241.50 else this count will be invalidated.
I expect a turn from here on leading to new yearly highs.
Also since the Wave 3 of C is smaller then Wave 1, hence the Wave 5 can not go beyond 1241.50 else this count will be invalidated.
I expect a turn from here on leading to new yearly highs.
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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