Gold reversal's 1st Target 1961

After the completion of the upward wave 1 at 1998 dollars in five sub-waves, an abc correction was the normal consequence, of which wave c, we are watching to be in full swing with a first target of 1961 dollars.

Commento:

A correction that respects itself, corrects unseen up to 23.6% fibo , confirmed at 38.2% and completed at 50%. If it is a B or 2 wave, it can reach up to 61.8% fibo and also form double peaks or double bottoms.
If the count is accurate, next target 1931.00

Commento:

If this count will be accurate, next update will be with target prices.

Commento:

Trade chiuso: obiettivo raggiunto:

Commento:

2nd Target is still pending.

Trade chiuso manualmente