Gold since 1971 year of releasing Gold away of USD according to Reserve Bank decision, by President Nixon , at level of $50 /OZ with following waves Structures:
1 - Impulse wave (1) @ 873 level.
2 - Correction Wave (2) @ 243 level.
3 - Impulse Wave (3) @ 1921 : W3 = W1x2.24%
4 - Correction Wave (4) CT in progress to alternate with Wave (2) in shape & time probably. targeted down @1350 levels.
5 - Impulse Wave expected to become as follows :
a) W5 = W1 x 3.23 @ 2808
b) W5 = W1+W3 x 1.618 @3092
1 - Impulse wave (1) @ 873 level.
2 - Correction Wave (2) @ 243 level.
3 - Impulse Wave (3) @ 1921 : W3 = W1x2.24%
4 - Correction Wave (4) CT in progress to alternate with Wave (2) in shape & time probably. targeted down @1350 levels.
5 - Impulse Wave expected to become as follows :
a) W5 = W1 x 3.23 @ 2808
b) W5 = W1+W3 x 1.618 @3092