If it can stay above the line, an upward move is possible.
Swinging inside the consolidation channel
3.54 zone is important and it could be the end of wave c. If so, there is a possible huge upside move.
It seems that wave 3 will start soon.
It is likely to decline to start wave a.
Possible a-b-c waves
Gold is swinging in a channel and there is less time left. Decision point is soon.
Possible a-b-c moves inside correction(ii)
possible same channel breakout..
Possible consolidation and start of wave a.