EverythingForex

Quick Take: Gold: Wolfe Wave Complete. Target 1358

FX:XAUUSD   Gold / U.S. Dollar
883 4 28
Here's a quick take on Gold             and where it may be headed short term. Wave (iv) maybe complete along with a Wolfe Wave . Wolfe Wave target is around 1358.

Comment: another small drop needed and then up.....

snapshot
Do you think there will be a short term correction of the breakout?
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looks promising, bullish divergence on the H4 aswell;
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I don't think this chart is correct we will have a strong correction to the downside for at least the whole of next week. It could go down to 1307.19. The target in this chart seems more like a target for the long term.
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dsab dsab
Another scenario is that we will see strong fluctuations next week with gold, that will go in accordance with your anaysis to 1354 and have a close at around 1307. In that situation your charts would be correct.
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