Q: What is your idea about gold in this week?
A: As shown in the picture, wave IV has ended in the range of $ 1764, and the price is rising in the V wave. From the sub-waves of this uptrend, wave ii has ended in the range of $ 1818, also by the price crossing the range of $ 1855, we are waiting for the price increase for the target of $ 2200. The first ascending wave from V point, is likely ending in the range of $ 1965 and after a corrective movement, the price will return to the uptrend phase.
