GOLD; starting wave C of minor correction
GOLD has just finished 5 leg up on H1, now due for a C leg of an ABC correction.
5 waves down on H1 targeting green lines of Fib levels retracement.
And we should be ready for the big leg up targeting 1366-1400 levels.
5 waves down on H1 targeting green lines of Fib levels retracement.
And we should be ready for the big leg up targeting 1366-1400 levels.
Comment:
Due to the retracement level of pink (ii), most likely only a wave 2 of blue 3.
Hence, this drop could go further.
Due to the retracement level of pink (ii), most likely only a wave 2 of blue 3.
Hence, this drop could go further.
TP @ 1330