zhipengcfel
Long

Elliott wave analysis on Gold: on the way of wave five

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold's elliott wave is quite clear now. It has finished correction triangle wave 4 and now is undergoing wave 5.

If you want to short, please be patient until the completion of wave 5.

If you are in long, hold it! The target will be upper line of channel. It can go to 1310~1320 and higher.

Good luck for everyone!
zhipengcfel Jia En Cai
Nice!
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