Can you give an explanation of the analysis , please .Thanks
harshjapee
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@BorislavGotsev, Gold seems to have been in a multi year triangle after the dec 2015 rally which was wave W. Wave X, not labelled here is the abcde triangle which just broke out. Wave Y likely into progress now a-b-c, out of which a could be complete at 1440. Dont get excited to long yet, may see a corrective drop into wave b and then rally in wave c.