By now, it is clear that the gold is climbing its 5th wave which is the final wave for the entire motive wave.
The price was ranging previously which turned out to be an ABCDE triangle and thus we are certain that wave 4 has ended.
This week, we will focus on buying the gold simply by waiting for a pullback from the current high.
The price is expected to end its 5th wave as it approaches a critical supply zone 1790 - 1802 in the weekly timeframe.
The price was ranging previously which turned out to be an ABCDE triangle and thus we are certain that wave 4 has ended.
This week, we will focus on buying the gold simply by waiting for a pullback from the current high.
The price is expected to end its 5th wave as it approaches a critical supply zone 1790 - 1802 in the weekly timeframe.