Long term view of Gold
So we have almost completed the 4th wave of gold. I'm expecting gold to hit 1235ish or a bit higher as wave 2 was only a shallow 38.1% retracement, hence wave 4 should be more deep.
From there we should come crashing down to about 1120 to complete wave 5.
From there we should go all the way up to 1370 to complete major wave B and then come crashing back down to 1070ish to complete Major wave C of a massive Flat correction.
From there we should come crashing down to about 1120 to complete wave 5.
From there we should go all the way up to 1370 to complete major wave B and then come crashing back down to 1070ish to complete Major wave C of a massive Flat correction.
Penafian
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