Ok so this chart has ran farther than i expected. Not a bad thing if you think about it. Do not think we necessarily need to do a wave recount yet. Yet.
The XAUUSD chart has rarely go beyond four or five candle sticks of green without immediately going red the next 1-3 candles. Plus, it has ran on for too long and should be finally retracing a little.
The...
The ABC should happen once weekend is over. Mean coincide with fib ratio.
On the ichimoku cloud, it seems that the lagging indicator will not fall through the cloud when that happens.
Also, it looks to form a decade old C&H.
Because of how big this thing is, Gold might end up flying to the moon by end of this year through to next year if this thing goes the way...
Gold seems to have run its full impulse, will be going into A-B-C soon as people take profits and put it into yen or something.
Depending on fundamentals, it will then either go into another decade of slump or fly off.
