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Zigzag up.

COMEX:GC1!   GOLD FUTURES
251 3 4
Gold             does not want to go down after breaking a descending triangle . Since the bulk of the costs in the Shore, the motion is to the upper boundary of the triangle, and then can fall.
anything is possible, YES
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Hi Gold is a bit confusing to me right now. I see you have marked an abc on the chart. IMO the A wave does not qualify as a 5 wave move more like a 3 wave move. Your B wave also looks like it subdivides into a 3 wave move as well. Because of this it is possible that a triangle is developing with price going up in a c of a triangle rather than a c impulse wave upmove. A break above 1240 proves you right.. Inability to take out 1240 will give the triangle idea more credence. That is my confusion spelt out
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good job ;)
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