VladimirMendoza
Short

GOLD FUTURES - CORRECTION OF 1-2-3-4-5 ELLIOT WAVE

COMEX:GC1!   Gold Futures
I think that the formation 1-2-3-4-5 is finished and the Gold             need a NEW SUPPORT for the next Elliot wave .
I give you two possibilities for this support point: 1282 and 1278.
If in the top rigtht now appear lateral formation, the correction will be 50% of the 1-2-3-4-5 wave.
But if in the top right now don´t appear lateral formation, the correction will be 68% (Fibonacci) of the 1-2-3-4-5 wave.
Here a vide with more detail perspective. Video speaking in spanish, but you can activate the subtitles. https://youtu.be/zzJjdLAOSV8
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