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EWcycles
Jul 23, 2020 8:37 PM

5th wave to the golden top! Long

GOLD (US$/OZ)TVC

Description

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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