Current count
1. Primary wave 3
2. Intermediate wave 3
3. Minor wave 2
4. Minutte wave b
Presently considering we are in a b wave possibly making its way to a retracement around the .50 fib of the minutte wave a.
A short bias would be consistent within the framework of the corrective wave 2.
Overall the view on gold is long, as intermediate wave 3 will unfold.
1. Primary wave 3
2. Intermediate wave 3
3. Minor wave 2
4. Minutte wave b
Presently considering we are in a b wave possibly making its way to a retracement around the .50 fib of the minutte wave a.
A short bias would be consistent within the framework of the corrective wave 2.
Overall the view on gold is long, as intermediate wave 3 will unfold.