Taking a closer look at the yellow precious metal, we have to state that, as in many forex pairs, an impulsive count is not possible and the market only forms 3-3-3 patterns.Looking at the current upward movement since 2015 and especially the run after the low in March is clearly a three-wave pattern. The question here is whether we have already reached the high, for this speaks that in the last movement in the yellow (wxy) the ( y ) has exactly hit the 1.00 extension or whether the market still reaches the 1.00 extension of the red circled Y to complete the complete upward pattern, which has formed since the beginning of the 20th century. In the blue C, the 1.00 extension is at 2108 that of the Y circled in red at 2285.