OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is a very positive signal! Four consecutive wave degrees show a clear POSITIVE trend.
More and more wave degrees showing a positive trend increases the probability of strong acceleration!
This signal applies to long term investors for the medium term for price moves of possibly 30% or more, since Primary, Intermediate and Minor Wave degrees are all up.
The most certain price target is the target of the Minor wave degree, which is in at 2145 .
Normally also the target of the next wave degree could be reached at 2317 and 2550 .
It is better to wait for the price to reach the range of $1902 to $1925 in order to enter buying positions, because the probability of formation of micro wave ii at these prices is very high.

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