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Gold has one more leg up to finish? XAUUSD to 1215 maybe

Long
Or / Dollar Américain (FOREXCOM:XAUUSD)  
EuroMotif Mod Mis à jour   
FOREXCOM:XAUUSD   Or / Dollar Américain
Support and Resistance Fibonacci Wave Analysis
5
1
supportandresistance fibonacci waveanalysis
Just a quick chart to see how the Fibs and EW play out

Looks like Gold is working through a micro wave 4, and will move up for wave 5 before retrace.


Commentaire:
Gold dancing on my possible bounce line.
But not exactly an enthusiastic bounce from it :(
Wave 4's are often slow and consolidating, maybe there is hope.
snapshot
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EuroMotif
XAUUSD Fibonacci Support Resistance Zones: Gold as of Jun 17
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