Geofftv1

GOLD - 4Hr Alternative Chart:

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Usually with EW analysis there are a number of alternatives to the wavecount that appears correct at that time. As time progresses the pattern becomes clearer and this chart
replaces my previous chart from 2nd July which had wave B as a large triangle.
It now looks like wave C is well under way and currently in a 3rd of a 3rd wave which when complete should pass the previous high.
Good Luck
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