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herdelphiniums

GOLD; the FINAL triangle of a triple combo

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
herdelphiniums Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD xauusdlong
12
1
xauusd xauusdlong
Triangles are usually THE FINAL wave in a correction, in this case the triple combo.

We can spot a triple combination correction on H4, being horizontal in nature.

Can't wait for the breakout to the up side for this to come!

Good to buy dips @1310 and hold on to the end of this gold train!
Comment:
snapshot

Waiting for that last leg for wave C to finish and we can long from green zone, targeting 1334.

Since two waves in a triangle will always relate by .618, and wave B did a .786, we should be expecting this target for wave D.
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