More upside expected on the Gold chart , after the impulse up I marked it wave (1) on prmary degree . Impulses always followed by a correction and usually contained within parrallel channel , I marked (A)-(B)-(C) Zig-Zag .
The corrective wave retraced about 50-61,8% fib golden zones . Watch out for a break-out of the upper channel to confirm a bullish scenario and see a 1-2 sequence .
The corrective wave retraced about 50-61,8% fib golden zones . Watch out for a break-out of the upper channel to confirm a bullish scenario and see a 1-2 sequence .