Wave 5 in Progression for Gold
2700 2750 could see some Decent profit booking for Gold, as it would mark the end of Impulse wave 5 of This Elliott that started at 1600.
Nota
As mentioned in the comments section previously.
2590 2550 value area to long for the Mini Wave 5 of the Bigger Wave 5
Nota
Near the 2700 zone expect a exhaustion around 2700 2750 zoneNota
Gold at decent support of 2600
Look for price action around 2600 to long
Nota
2700 done!Nota
Gold may have started to show signs if weakness around 2740 2750.. Observe if it rejects from this zone or near by 2750 on daily or weekly time frame
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