EWcycles

5th wave to the golden top!

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
W2 = 78,6% of W1
W3 = Approximately 261,8% of W12
W4 = Approximately 23,6% of W3

Here's what I think:

We're in the 5th wave and it will break or bounce back on the ATH level.
Beware of the bearish divergence, but it's normal to have it on the 5th wave before a correction ABC move.
Good luck to you all! :)

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