Gold Extended Fifth wave Target 1966

 Gold Elliott Wave analysis :

As we discussed in the last analysis, 

Gold may complete d wave of C wave Triangle near 1966.

We can see on the below chart,abc (of D wave ) is in progress. where a & b is completed and c is going on. The target of the c wave (12345) in 5th is an extended wave which will be completed near 1966-1976.


Gold Elliott wave


Let's zoom the 5th wave progression.


Gold Ellliott wave




Extended fifth wave ??

Elliott wave says after extended the fifth wave, Sudden fall appeared.

Long Position to be closed around 1966.

XAU/USD Spot,


Buy above 1947 Tgt 1955/1960/1966
Sell below 1937 Tgt 1932/1925/1921

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