After the DOUBLE TOP gold finished its wave 1 and 2 .
wave 1 has 5 waves and wave2 is 3 wave recovery but not up to 62% of wave1, therefore today's correction is considered as the beginning of wave3
wave 3 always be a swift wave , the first target is to bring the yellow metal to $1820 and if extended expect $1670 and finally $1407.
wave 3 may extend upto 162% of wave 1 .
wave 1 has 5 waves and wave2 is 3 wave recovery but not up to 62% of wave1, therefore today's correction is considered as the beginning of wave3
wave 3 always be a swift wave , the first target is to bring the yellow metal to $1820 and if extended expect $1670 and finally $1407.
wave 3 may extend upto 162% of wave 1 .
Trade active:
Trade active:
Trade active:
Trade active:
Trade active: