Gold XAU/USD Correction is near to end ?

 XAU/USD Wave Analysis :


Gold elliott wave

C wave Forecast :


1) On higher Time frame 38.2% retracement @ 1842

2) 61.8% retracement of a wave is @ 1840

3) 100 DMA @ 1842


So this three combination set @ 1840-1842

Once this correction complete in few 

days/Week we may see a rally towards new High.

C wave counting :

Forex


Now 4th wave of c wave is in progress and it may complete between 1875-1891

and 5th wave may complete between 1840 - 1820.

After completion of this entire 4th wave correction as abc , we should see a new all-time high within the next few weeks.



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