Purvee

Bulls are waking up on GOLD. Simple triangle correction.

Long
Purvee Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently on triangle correction that is preparing for upside strong trend. As elliot wave theory it should be ending the E wave of triangle, and next big move will come. B wave is finished on exactly 61.8% of A wave and D wave is also retraced exactly 61.8% of C wave. Remember that it is hard to anticipate where would E wave ends, also it is long-term holding trade idea.
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