GOLD EXPANDING TRIANGLE SCENARIO
This is one of those rare EW Principle Patterns. With the current (assumed) wave D's length more or less equating to 1.618fib of wave B's length, we can assume that wave E will extend 1.618fib of wave C. Let's see if this application of the theory pans out. Happy Trading!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.