Oro / Dollaro

Gold analysis using Elliott wave theory.

205
I have closely looked the Gold moves and it seems that it is near at the end of Wave 5.
This wave 5 is in an ending diagonal, as I indicated in the chart.
At current time I am analyzing, the price is at end of sub-wave 4 of wave 5.
If this Pattern is ending diagonal, the market should deliver sub-wave 5 of 5 with a target of 1760.

Remember this is a market commentary instead of trading signal, please trade the patterns you clearly understand with your own risk.

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